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iPhone 6 Could Soon Launch in China, Local Black Market Takes A Hit

Julia Sun
9/23/14 3:05 PM EDT
The iPhone 6 may be coming soon to shelves in the country where they are made. The Chinese government had been inspecting the new device and is close to deciding if a local release is appropriate. According to Tencent, China's Ministry of Industry and Information Technology is moving the iPhone 6 review into the final stage. The government said the inspection will be completed 'very soon', though it didn't give a timeframe. The pending approval is denting Apple's black market in China. The price of a regular iPhone has dropped below $2,000 on the black market on the anticipated clearance.
Stock quotes in this video: AAPL

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