By John Gruber
Copilot Money — The Apple Editor’s Choice money tracker. Now also on the web.
David Barboza, reporting from Shanghai:
Factories here churn out iPhones that are exported to the United States and Europe. Then thousands of them are smuggled right back into China. […] An iPhone purchased in Shanghai or Beijing typically costs about $555. To unlock the phone and add Chinese language software costs an additional $25.
★ Monday, 18 February 2008