China’s Black Market iPhones Surpass 1 million
Everyone is gaga about the iPhone–summer silly season–even in China where it is available only on the black market. Although Apple has no deal with a Chinese operator. Kevin Li, an analyst at In-Stat China estimates there are over 1 million of them in the middle kingdom. With 5.4 million iPhones sold since introduction, 19% of production is going to China–where the iPhone isn’t legally sold.