Apple (AAPL) iPhone 5S Said to Sell Out in China Ahead of Launch
Apple's (Nasdaq: AAPL) iPhone 5S may already be a hit in China.
9to5mac noted Tuesday that the iPhone 5S largely sold-out on Apple's China website shortly after being made available. The tech blog said that only the 16-GB iPhone 5S was available as of this morning.
Unlike the rest of the world, China is the only market open to pre-ordering the device.
While it might hint that demand for the iPhone 5S is high in China, it might also mean that supplies are low. Reports leading into Apple's September 10th iPhone event had yield on the iPhone 5Ss touch sensors not meeting expectations.
Notably, Apple went through a similar issue last September/October, when it wasn't able to meet iPhone 5 demand due to the level of technology that went into making panels for the device.
Idiots in the US have no idea how many rich and upper middle class people have money to spend in China and love the high end products. U.S perceptions are still stuck in the early 2000's. There is great profit to be made in China. China appreciates quality probably more than we do, because it is still a rare commodity there. Once the numbers start to come in, $500 will be ancient history. We will be at $600 easily by the end of the year.