Despite Delay, Sales of iPad 3 to Surge in China

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Apple’s latest iPad offering finally hit China’s store shelves on Friday, months after its worldwide launch in March, but the delay is unlikely to dampen sales because of the Chinese passion for all things Apple, analysts say.

“Sales are going to be very strong. Everybody in China loves Apple products,”
Shaun Rein, Managing Director at Shanghai-based China Market Research Group told
CNBC. “You’ve seen they’ve grown about 600 percent in the last two years in
terms of sales.”

The company’s gadgets are regarded as prestige items in China, which Rein says goes a long way for a population that places a huge emphasis on social status.

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