Apple's iPhone takes 80 percent of China's booming premium phone market

Apple's iPhone takes 80 percent of China's booming premium phone market


Apple currently markets three iPhone models on its Chinese website: iPhone 5s priced between $860 and $1120; iPhone 5c priced between $730 and $860; iPhone 4S priced at $535. The company originally continued to sell iPhone 4 in China priced at $435, but no longer lists that model for sale on its public website.

 Apple inked a deal with China Mobile in January, making iPhone 5s and iPhone 5c two of the very few models capable of working on the carrier's newly deployed 4G network using a China-specific version of LTE technology.

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