• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

As U.S. Treasury intervened in the bond market, the Netherlands rushed 86 tons of gold out of America because of ‘geopolitical unrest’

2

'Critical employees will begin to retire': Trump’s new pay plan will deny most federal roles a raise, and it has workers warning of a retention crunch

3

New LA Angels owner Stan Kroenke is quietly America's largest private landowner, boasting 2.7 million acres and besting Bill Gates and Jeff Bezos

1

As U.S. Treasury intervened in the bond market, the Netherlands rushed 86 tons of gold out of America because of ‘geopolitical unrest’

2

'Critical employees will begin to retire': Trump’s new pay plan will deny most federal roles a raise, and it has workers warning of a retention crunch

3

New LA Angels owner Stan Kroenke is quietly America's largest private landowner, boasting 2.7 million acres and besting Bill Gates and Jeff Bezos

A not-so-quiet weekend for Apple in China and Taiwan

By
Philip Elmer-DeWitt
Philip Elmer-DeWitt
Down Arrow Button Icon
By
Philip Elmer-DeWitt
Philip Elmer-DeWitt
Down Arrow Button Icon
December 16, 2012, 1:43 PM ET
Google source logo
Add Fortune on Google for similar content.

Opening day at Hong Kong’s Causeway Bay Apple Store

FORTUNE — Maybe China’s “Apple fever” hasn’t broken quite yet.

Reports of low turnout and videos of nearly empty Apple Stores for the launch of the iPhone 5 in China helped drive Apple’s (AAPL) share price in New York to a 10-month low Friday.

But a report Saturday in
Shanghai Daily
suggested that the media was watching the wrong stores. Traffic may have been light at the Apple retail outlets that were selling only unsubsidized  iPhones (i.e. starting at US $846), but Apple’s partners were having a field day selling the iPhone 5 under contract for as little as US $96. In addition to the 300,000 pre-orders racked up last week by China Unicom (CHU) — up 50% from the 200,000 it took for the 4S last January — the carrier sold 5,000 more before Friday noon in Shanghai alone. China Telecom (CHA), for its part, expected to sell 10,00 units in Shanghai by the end of the day Friday.

Market watchers described the city’s sales as “robust.”

Across the Taiwan Strait in Taipei, Taiwan’s three mobile carriers — Chunghwa Telecom (CHT), Taiwan Mobile (TWM) and Far EasTone Telecommunications (FET) — also drew long lines, according to the video report filed by MHz Worldview below.

Meanwhile there was no shortage of enthusiasm — at least among the seemingly endless lines of red-shirted staffers — at Apple Store openings in Hong Kong and Chengdu.

See videos below.

Hong Kong:

Chengdu:

http://youtu.be/uT5Aw8gXd3o

Taiwan:

http://youtu.be/QzhkAaiHz-o

About the Author
By Philip Elmer-DeWitt
See full bioRight Arrow Button Icon
Google source logo
Add Fortune on Google for similar content.

Latest in


Most Popular

Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • TikTok icon
  • YouTube icon

    Latest in


    Most Popular

    © 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
    FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.