Stubborn Chinese Telcos Losing Out On iPhone
Apple negotiated with Chinese wireless providers and only China Unicom came away with the prize. But because of the crippled version of the iPhone (no WiFi), CU hasn't managed to sell all that many iPhones. And they're God awful expensive compared to the iPhones being sold on the black market. Most of the Chinese who have an iPhone opt for unofficial version because they are unlocked (if from Hong Kong) and they all have WiFi. And yet, Apple has not been allowed to sell a version of the iPhone for China that can compete with those on the black market. For Apple, they're fine regardless of who buys the iPhone. But the Chinese wireless providers with subscribers numbering in the hundreds of millions are losing out Why is that? With so much money to be made, why are the Chinese so stubborn? The iPad went on sale in Hong Kong yesterday and sold out within an hour. SF Gate has a post about dealers who are quite content with any delay in official Apple product release...