|
BEIJING (AP) - Apple Inc.'s local partner has sold 5,000 iPhones since the smart phone's formal weekend debut in China, a lackluster start after analysts warned the company might be setting prices too high.
China Unicom Ltd. chairman Lu Yimin told shareholders Tuesday in Hong Kong that iPhone sales had "passed 5,000" as of that day, said Zhang Xinnian, director of investor relations for the company's Hong Kong arm.
Unicom's first iPhones lack Wi-Fi due to Chinese regulatory restrictions and are priced at about 20 percent above unlocked models brought in from abroad and sold in Chinese street markets. Some customers said they paid the higher price to get Unicom support and to avoid the risk of getting counterfeit models.
|