Monday, September 29, 2014

A Glum Sign for Apple in China, as Smuggled iPhones Go Begging - NYTimes.com

Perhaps an ominous leading indicator

"The smugglers’ experience represents the new reality for Apple in China. Four years ago, the iPhone 4 was a status symbol, with the black market booming before the product was officially introduced. Today, the iPhone is simply one option among many, as local companies like Xiaomi and Meizu Technology rival Apple in terms of coolness while charging less than half the price."
A Glum Sign for Apple in China, as Smuggled iPhones Go Begging - NYTimes.com
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