http://www.cnbc.com/id/46842158
Quote:
Demand for Apples new iPad in China is slower than for the tech companys first two tablets, with the gadgets price already falling within the first week of it reaching the market.
Unauthorised resellers in Beijing and Shanghai said they had to cut prices by close to 30 per cent over the past week because of sluggish demand. The market is basically saturated, said a sales clerk at Buynow, an electronics mall in Beijing.
Consumers lack of enthusiasm is in stark contrast to the reception given to earlier Apple products. In January, the company suspended sales of all iPhones through its own stores in China after the launch of its latest model led to a riot among black marketeers at its Beijing flagship store.
Unauthorised resellers in Beijing and Shanghai said they had to cut prices by close to 30 per cent over the past week because of sluggish demand. The market is basically saturated, said a sales clerk at Buynow, an electronics mall in Beijing.
Consumers lack of enthusiasm is in stark contrast to the reception given to earlier Apple products. In January, the company suspended sales of all iPhones through its own stores in China after the launch of its latest model led to a riot among black marketeers at its Beijing flagship store.
We become what we behold. We shape our tools and then our tools shape us.- Marshall McLuhan
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We become what we behold. We shape our tools and then our tools shape us.- Marshall McLuhan
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