Linked by Thom Holwerda on Sun 16th Dec 2012 16:25 UTC
Apple "Starting today, Walmart has dropped prices on both the iPhone 5 and iPhone 4S, with the 16 GB iPhone 5 now on sale for just $127 and the iPhone 4S coming in at $47." I'm sure a 33% price cut right ahead of the holidays is totally normal for a product of which demand outstrips supply. Right?
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RE[4]: Comment by Lorin
by unclefester on Mon 17th Dec 2012 07:27 UTC in reply to "RE[3]: Comment by Lorin"
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How many of the Chinese population are little children, elderly, illiterate, poor, not in China, in prison, insane or in (undiscovered) remote areas?

There are over one million US dollar equivalent millionaires in China. There are also tens of millions more relatively affluent middle class Chinese.

Selling 2 million expensive luxury devices over a single weekend is pretty good by any standard.

The iPhone is just a mass produced mobile phone. It isn't a luxury item.

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