ShoppingiPhone Black Market Still Thriving In China, Russia (AAPL)
Want an 8GB iPhone 3G in Russia? Get ready to pay $1,200. What about a 16GB model? How does $1,370 sound?
While Apple negotiates with carriers to bring its iPhones to Russia and China — two of the biggest wireless markets left untapped by Apple — the black market is still thriving, the AP reports. Some 400,000 iPhones are supposedly in Russia, and perhaps twice that in China.
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