China To Be Bitten Again By Apple Retail Worm

Posted: Feb 25 2010, 3:07pm CST | by , Updated: Aug 11 2010, 7:44pm CDT, in News | Technology News

 
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Apple launched its first retail store in China in 2008, ahead of the summer Olympics. It was seen as a largely symbolic move, but things must be good at the only official Chinese Apple store, because the company has announced that it will open 25 more storefronts in the country with 1.3 billion people.

Apple's senior VP of retail Ron Johnson mad the announcement at its annual shareholder meeting at the Cupertino corporate campus.

China does sell Apple products, including the iPhone which retails there for the equivalent of over $730.

Despite the country's humongous population and extreme potential, many retailers fear the area because of political turmoil, differing laws and regulation, and a sweeping set of cultural differences. Additionally, China's rampant piracy leads to a culture where legitimate electronics and content doesn't always thrive.

Via Apple Insider

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The Author

<a href="/latest_stories/all/all/6" rel="author">Mark Raby</a>
Based in New York City, Mark follows the consumer electronics industry like a hawk. A published book author, he has a particular affinity for 3D technology and video games, and as such will surely be in the market for a new pair of glasses soon. Mark can be contacted directly at mark@i4u.com.

 

 

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