Lots of freshly reported detail in the papers about how large numbers of new iPhones are making their way to mainland China from embattled Hong Kong, a phenomenon the New York Times managed to construe as “A Glum Sign for Apple.”
From the Wall Street Journal:
From the L.A. Times:
From the New York Times:
From the South China Morning Post:
As reader 程肯 points out, reports that the iPhone 6/6+ might win Chinese government approval any day now has forced grey market prices and expected retail prices to converge.
How exactly is this bad for Apple?
Thanks to The Loop’s Dave Mark for the tip.