It looks like all of those folks buying new iPhones last week in the United States for the Chinese black market will soon be out of luck. CNBC is reporting that final approval would be completed soon by Chinese regulators to bring the iPhone 6 and iPhone 6 Plus to the worlds largest consumer market.
Just last week, a Chinese report said that the new iPhones wouldnt be arriving in China until 2015 after Apple failed to reach an agreement with the Ministry of Industry and Information Technology. This lead initial prices for the phones on the Chinese black market to hit $1,900 for the iPhone 6, and $3,250 for an iPhone 6 Plus.
The news that approval for the phones is now imminent has caused the prices to drop significantly, as this clip shows:
CNBC notes that Chinese smugglers have been able to get past U.S. custom officials by putting iPhones in coffee tins, toothpaste boxes, and the equivalent of Twinkie boxes.
In a video best described as disturbing, you can see countless smugglers buying the new phones in New York City last week:
Officially, the new iPhones are available in theUnited States, Australia, Canada, France, Germany, Hong Kong, Japan, Puerto Rico, Singapore, and the United Kingdom.
This Friday, Sept. 26, the handsets arrive in 20 more countries, including Austria, Belgium, Denmark, Finland, Ireland, Isle of Man, Italy, Liechtenstein, Luxembourg, Netherlands, New Zealand, Norway, Portugal, Qatar, Russia, Saudi Arabia, Spain, Sweden, Switzerland, Taiwan, Turkey, and United Arab Emirates.