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According to a new article from BusinessWeek.com titled "Millions of iPhones Go AWOL ", there may be more hacked iPhones out there than analysts first expected - up to 1 million out of the 3.7 total iPhones sold as of end-2007! As I previously mentioned in a blog post back in November 2007, iPhone demand is strong in China and a quick scour of the grey markets shows that unlocked iPhones remain readily available for sale. Even with the widely-documented non-deal with China Mobile, opportunities remain for Apple to expand their business by selling unlocked iPhones directly to the China market. According to our friends over at BlogNation China, Apple plans on opening its first Apple Store in Beijing by the summer of 2008. It will be interesting to see then, how consumers will react and how the prices will compare to the current going iPhone street price of $550.
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