Buyers snap up smuggled iPhones

Despite warnings that up to 80 percent of smuggled iPhones on the market are fake, there is strong demand for bootleg handsets in Beijing.

China Unicom has reported lackluster sales of just 100,000 since the iPhone was officially launched in China on Oct 30.

It came about three years after iPhones were first smuggled in to the country from the United States and other countries for sale on the underground market.