Apple To Sell iPads In China
CUPERTINO (CBS/AP) -- Apple will start selling the iPad in China on July 20 after settling a dispute over the ownership of the tablet computer's name.
Apple Inc. says it will begin selling its latest iPad starting at $499 and the older iPad 2 starting at $399.
The tablet computers will be sold online, at Apple stores, and through approved resellers.
Apple paid a Chinese company $60 million to gain the rights to the iPad name, a Chinese court said on July 2.
China is Apple's second-largest market after the United States, and it is the source of much of the Cupertino, Calif., company's sales growth.
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