From what I know about Chinese consumer psychology, Apple could double the prices of iPhones & make more sales. The Chinese love luxury products. I've been in

From what I know about Chinese consumer psychology, Apple could double the prices of iPhones & make more sales. The Chinese love luxury products. I've been in front of the Versace and Gucci stores in Paris and when the Chinese tourists come they are absolutely swamped. They could buy the cheaper knockoff in their own country but it's considered low-class to walk around with those. And once you've seen the real thing you know how to spot a KIRF