Newest iPhone gets rush of preorders
Consumers in China are rushing to preorder Apple Inc’s iPhone X, the company’s most expensive and advanced smartphone.
The positive user reaction came as a new report showed that the US tech giant’s smartphone shipments to China grew by 40 percent in the third quarter, bringing an end to six consecutive quarters of decline in the country.
Apple’s flagship store on Tmall, an e-commerce website of Alibaba Group Holding Ltd, said sales of iPhone X on the afternoon of Oct 27 exceeded the first-day sales of iPhone 7 series within 50 minutes of it becoming available for pre-ordering.
The popularity of the iPhone X, which will hit store shelves on Friday, is also evidenced in the prices being quoted by scalpers. Due to strong demand, some traders on Taobao, another online shopping website of Alibaba, are charging about $2,962 for the iPhone X, which ought to retail for $1,462 in China. (Photo 2)