In the
wake of receiving regulatory approval from the Chinese government, Apple said
its iPhone 5 is scheduled to launch in China on December 14, joining 47 other
countries where the smartphone is currently on sale.
Like in
the U.S., Apple has come under competitive pressure in China from the likes of
Samsung smartphones that are powered by Google’s Android. Apple said the
cheapest version of the iPhone 5 carries a suggested retail price of $199.
At the
same time, the world’s most valuable company said the Wi-Fi versions of its
iPad mini and the fourth generation of the tablet will go on sale in China on
December 7. The devices are already available in 42 countries.
Source: Matt
Egan, Fox Business News
The information contained in this article does not constitute a recommendation, solicitation, or offer by D2 Capital Management, LLC or its affiliates to buy or sell any securities, futures, options or other financial instruments or provide any investment advice or service. D2, its clients, and its employees may or may not own any of the securities (or their derivatives) mentioned in this article.
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