Yes thats exactly what I am suggesting - its a known fact that people make less money in China - average annual income per person in the US is $40k where the average income in China is $1k. Its also a fact that about 150 million people in China live on less than $1 a day.
So while there may be a huge population in China only a fraction of that population would be in the market for a luxury item such as an iPhone.
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Carlos @ Nov 30th 2007 10:19PM
Yes thats exactly what I am suggesting - its a known fact that people make less money in China - average annual income per person in the US is $40k where the average income in China is $1k. Its also a fact that about 150 million people in China live on less than $1 a day.
So while there may be a huge population in China only a fraction of that population would be in the market for a luxury item such as an iPhone.