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Friday, October 15, 2010

8 Million iPhone Sold by UK-Based Jeweler.



April 3 (Bloomberg) -- Apple Inc. has gained unlikely allies in its bid to boost iPhone sales: Russian smugglers.

The device isn't sold by Cupertino, California-based Apple in Russia and it can't be used legally on local networks. Still, about 250,000 people own one, more than any other country except the U.S. and China, according to Eldar Murtazin, chief analyst at Moscow-based Mobile Research Group.

That popularity has turned into a bonanza for traders who sell the phones in kiosks and on the Internet for $1,000 each, more than twice the U.S. price. Hackers say they charge as much as 2,500 rubles ($105) to ``unlock'' them so they work locally.
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