Today’s best unfounded rumor comes from Bloomberg. China Telecom, the third largest wireless company in the People’s Republic, is in talks with Apple Inc., (NASDAQ: AAPL) to sell the iPhone in the world’s most populous nation, which also is the largest market for cellphones.

“Discussions to provide a version of iPhone that would work on China Telecom’s code-division-multiple-access network may have included talks with Qualcomm Inc., Alan Hellawell and William Bratton, analysts at Deutsche Bank in Hong Kong, wrote in a report yesterday”, Bloomberg reports.

Douglas A. McIntyre