Apple (AAPL) Resumes iPhone 4S Sales in China
Following the ruckus that commenced in January following limited supplies of the device in certain branded stores, Apple (Nasdaq: AAPL) is resuming sales of its iPhone 4S unit on its Chinese web store.
Reports from China Daily have the device selling on Apple's mainland China site since last Wednesday, though the shipping date of "February" is rather ominous, meaning weeks might pass before customers receive their iPhone 4S.
One Apple rep said you're sure to get the device before March 2nd.
Apple immediately halted sales of the device in January following outbreaks of violence on word of supply shortages. Recently, a lottery system was also instituted in order to limit scalpers of the device, which retails for $660 in Hong Kong and $790 in mainland China.
Shares of Apple are indicated for a lower open Monday.
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Reports from China Daily have the device selling on Apple's mainland China site since last Wednesday, though the shipping date of "February" is rather ominous, meaning weeks might pass before customers receive their iPhone 4S.
One Apple rep said you're sure to get the device before March 2nd.
Apple immediately halted sales of the device in January following outbreaks of violence on word of supply shortages. Recently, a lottery system was also instituted in order to limit scalpers of the device, which retails for $660 in Hong Kong and $790 in mainland China.
Shares of Apple are indicated for a lower open Monday.
Get immediate access to market moving news and alerts with StreetInsider.com Premium - FREE TRIAL!
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