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Thursday, 12 July 2012 - China pips Apple on iPhone 5 launch |
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A policeman looks out from a balcony as the crowd is dispersed from the front of an Apple store in the Beijing district of Sanlitun in this January 13, 2012 file photo. Credit: Reuters/David Gray/Files By Melanie Lee SHANGHAI | Thu Jul 12, 2012 4:17am EDT SHANGHAI (Reuters) - Apple Inc's (AAPL.O) next-generation iPhone has not even been released yet, but opportunistic sellers on China's largest e-commerce platform, Taobao, are already accepting pre-orders, complete with mock-up pictures and purported technical specifications. The hotly anticipated iPhone 5 is widely expected to be released sometime between August and October this year, although Apple itself has been tight-lipped about it. Sources have said the iPhone 5 would have a bigger screen than previous models, while Taiwanese media reported the phone's voice recognition software, Siri, would have more powerful functions. Sellers on Taobao, a unit of Alibaba Group, are accepting orders for the iPhone 5, in some cases asking for a deposit of 1,000 yuan ($160) for the new phone. One seller, "Dahai99888", who started accepting pre-orders this week, is asking for full payment upfront, at a cool 6,999 yuan ($1,100). Taobao sellers that Reuters spoke with said they planned to buy the iPhone 5 in Hong Kong or the United States and then bring it to mainland China. Apple products are often available in Hong Kong before they are released on the mainland. The sellers could not promise a specific delivery time. The pre-order activity comes despite the mystery around the iPhone 5 and highlights the intense demand for new Apple products in China. Apple has not confirmed the specifications, details or price of the latest iPhone but the Internet rumor mill has been in overdrive, churning out photo renderings and pictures of purported iPhone 5 engineering samples, and speculating endlessly on its technical specifications and functions. Apple did not respond to requests for comment. "Demand is high, yesterday someone just bought two phones. Altogether we have about two dozen orders," said one seller on Taobao who went by the nickname Xiaoyu. Demand for Apple products in China is so high that many consumers buy smuggled goods in order get them before the official China release. Earlier this year scalpers queued overnight outside a Beijing store for the latest version of the iPhone 4, only to pelt it with eggs after Apple decided against selling the phone at the store because of security concerns. "It's not so easy to bring the phones from overseas, there's a limit to how many you can carry in ... If we could bring in a few thousand that will be great!," said Xiaoyu. One enterprising seller posted a list of 17 possible new iPhone 5 features and gave a percentage probability that they would be included in the new device. For example, bio-metric capability has a 20 percent chance of being a feature on the iPhone 5, according to this seller. Apple, which recently settled an iPad trademark lawsuit with a Shenzhen technology firm, said on Tuesday it would release its latest iPad in China on July 20. Apple has five stores in mainland China and plans to open flagship stores in the major Chinese cities of Chengdu and Shenzhen, according to government officials. ($1 = 6.3686 Chinese yuan) (Reporting by Melanie Lee; Editing by Chris Gallagher) Tech Media iPad Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints   We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above.   Edition: U.S. Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Back to top Reuters.com Business Markets World Politics Technology Opinion Money Pictures Videos Site Index Legal Bankruptcy Law California Legal New York Legal Securities Law Support & Contact Support Corrections Connect with Reuters Twitter   Facebook   LinkedIn   RSS   Podcast   Newsletters   Mobile About Privacy Policy Terms of Use AdChoices Copyright Our Flagship financial information platform incorporating Reuters Insider An ultra-low latency infrastructure for electronic trading and data distribution A connected approach to governance, risk and compliance Our next generation legal research platform Our global tax workstation Thomsonreuters.com About Thomson Reuters Investor Relations Careers Contact Us   Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. 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