iPhone 4 selling for 50 percent markup in China

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.

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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

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3 comments
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  • And people are buying it

    Just think about that.
    Michael Alan Goff
  • RE: iPhone 4 selling for 50 percent markup in China

    Note that the article referred to Hong Kong which (at least from Apple's point of view) is a different "economy" than China, but the situation appears to be the same in Mainland China also.
    oledino
  • RE: iPhone 4 selling for 50 percent markup in China

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