Thousands of iPad 2s made their way onto the Chinese black market shortly after the iPad 2’s release in the US. China went crazy for the iPad 2 with many paying twice the standard retail price.
According to The Global Times, Chinese citizens could be queuing for an iPad 2 in Shanghai & Beijing in a month’s time.
The Chinese market is big business for Apple where it is expected the market will account for approximately 10% of Apple’s total revenue within the next 5 years.
48% of 1,600 readers on The Wall Street Journal’s Chinese website said they plan to buy an iPad 2 while 23% said they were not sure.
According to Bryan Ma (analyst at research firm IDC), Apple holds a mere 1.37% share of the Chinese PC market.
It should be interesting to see how that percentage grows in the coming years. Apple’s mobile devices have historically become a gateway device for sales in Apple’s Mac range.
(Via The Next Web)