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iPhone goes on sale on China Mobile, and more news for January 17

Today is the day many market watchers have been yearning for: The iPhone has gone on sale on China Mobile, the world's largest mobile phone carrier. Tim Cook was on hand with China Mobile's Chairman Xi Guohua at the company's flagship store in Beijing for the launch and handed out several iPhones to the first buyers. During the event, many asked Cook about future Apple plans, including about the rumored 6-inch iPhone and iPhones with flexible displays. Cook replied:

"We never talk about future things. We have great things we are working on, but we want to keep them secret. That way you will be so much happier when you see it."

In other news this morning:

[Image credit: @eyoonCNBC]