is reportedly in talks with
about a plan to sell the iPhone in China.
, citing China Mobile's CEO, said a deal hasn't been reached yet because the sides haven't agreed on a revenue-sharing arrangement. The report said the company's chief made the comments at a conference in Macau.
Shares of Apple were up 4.6% to $160.75 in premarket trading Tuesday. China Mobile was gaining 2.8% to $83.