If China won't love Apple
Really? Three and a half million sold? I find that difficult to believe when Polish iPhone carrier Orange recently hired actors to simulate demand for the local 3G launch. And it's not like the iEmpire is competing against a gaggle of slack-jawed losers; Nokia
Still, the data suggests that Apple's strategy of pervasiveness -- including a retail distribution deal with Best Buy
Perhaps even more telling: News.com reports that there are 600,000 unauthorized iPhones in use in Russia, and many of those were purchased for far more than the rumored $900 retail price of the authorized version. How's that for demand?
Not all that impressive, actually. For as many iPhone users as Russia has already, China, which was said to have 400,000 "gray market" iPhones in use in April, is now home to more than 1 million unauthorized iPhones, all of which are reportedly operating on China Mobile's
The implication: If this deal gets done as expected, Chinese iWannabes will have a new and nearby source for their next million in unauthorized iPhones. Prepare to feel the love, Mother Russia.
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Apple and Best Buy are Stock Advisor selections. Best Buy is also an Inside Value pick. Try either of these market-beating services free for 30 days. There's no obligation to subscribe. The Motley Fool owns shares of Best Buy. Its disclosure policy doesn't like Russia. It's home to too many bears.