9/13/13 Weekly Tech Article

The Surprise in Apple’s Cheaper iPhone? In China, It’s Expensive

 

• Apple's new iPhone took a step closer on Wednesday to being offered by the world's biggest cellphone carrier, China Mobile, when the Chinese government approved of it.
• Analysts expected the price of the iPhone 5C in China to be about $400 in an effort to attract new customers in mainland China, where the company has been struggling, but they were completely wrong.
• Instead of celebrating of the new product's soon arrival, Chinese people were skeptical of buying this new product because of it's outrageous start price, 4,488 renminbi ($733).
• The price is roughly 33% higher in China than the full unsubsidized $549 cost in the United States.
• The iPhone 5C comes in a plastic case, and its hardware is nearly identical to that of the iPhone 5.
• http://www.nytimes.com/2013/09/12/technology/the-surprise-in-apples-cheaper-iphone-in-china-its-expensive.html?ref=technology&_r=0