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Apple, China Mobile break off talks

Apple and China Mobile have broken off all discussions of a collaboration. As for why, mum is the word.

China Mobile spokeswoman Rainie Lei said she is "...unaware of any plans for further talks with Apple," according to Bloomberg. Likewise, Apple declined to comment.

This is a blow for Apple, as China's potential customer base is huge. They've got 362.8 million Blackberry subscribers, which is more than the populations of the U.S., Japan, and the U.K. combined. More than 500 million Chinese use cell phones.

We're guessing that both parties are being a bit stubborn about profits and pricing (Apple stubborn? I can't imagine such a thing). Let's hope they learn to play nicely.

[Via MacDailyNews]