iPhone 4 selling for 50 percent markup in China

Summary:In China fake iPhones are rampant and real ones fetch a 50 percent premium -- if you can find one, that is.

A colleague sends some iPhone news from Hong Kong:

The iPhone 4 (which has been sold unlocked in China since September) has been unavailable from the Hong Kong Apple online store for a long time, maybe a couple of months and all the official outlets don't have any stock either. Smaller outlets are selling iPhone 4s for a 50% markup (!) and there are even guys selling fakes that look like iPhones, but don't have the Apple logo. The theory seems to be that the phones are being exported back into China and Apple has been trying to curtail this by limiting stock.

Topics: Smartphones, Apple, Hardware, iPhone, Mobility

About

Jason D. O'Grady developed an affinity for Apple computers after using the original Lisa, and this affinity turned into a bona-fide obsession when he got the original 128 KB Macintosh in 1984. He started writing one of the first Web sites about Apple (O'Grady's PowerPage) in 1995 and is considered to be one of the fathers of blogging.... Full Bio

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