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Apple's iPad 2 madness lands in China

By Qiang Xiaoji (chinadaily.com.cn)
Updated: 2011-05-06 14:56

The first buyer of an iPad 2 holds up his device at an Apple flagship store at Xidan in Beijing, May 6. Apple's iPad 2 went on sale on the Chinese mainland on May 6. [Photo / Xinhua]

Apple's iPad 2 (Wi-Fi only) went on sale on the Chinese mainland Friday, the Southern Metropolis Daily reported.

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Prices for this generation of devices are lower than iPad 1, with 16GB model being sold for 3,688 yuan ($ 568), 32GB model for 4,488 yuan, and 64GB model for 5,288 yuan, the newspaper confirmed with the tablet maker.

The lower prices, better function and sufficient stock will squeeze the profit space of scalpers and other tablet computer makers, the report said.

According to the latest survey by Nielson, Apple's iPad took the largest share (82 percent) in the US tablet market, split between Wi-Fi only models (43 percent) and 3G+Wi-Fi (39 percent). Samsung, Dell and Motorola came after Apple -- with 4 percent, 3 percent and 2 percent, respectively, in the market.