Morgan Stanley
India | Friday, 29 August 2008
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iPhone Underground Market

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Posted 11 July 2008 @ 02:05 pm GMT

Models hold the new iPhones during the first day of the release in Hong Kong, Friday July 11, 2008. As Apple rolled out its newest iPhone in Asia Friday, dealers and buyers said it's only a matter of time maybe as little as a few days before the popular device hits the region's thriving underground marketplace. (AP Photo)

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