Apple has been fined 20 million New Taiwan dollars ($670,000) by the Taiwanese Fair Trade Commission after the company was found to be unlawfully influencing the price of the iPhone on the country's cell phone carriers, reports The Wall Street Journal .Under article 18 of Taiwan's Fair Trade Act, an enterprise is not allowed to decide the prices of their goods after handing them over to a third party for resale. The company reportedly asked Taiwan's three major service providers to adjust iPhone rates, including Chunghwa Telecom, Far Eastone Telecommunication, and Taiwan Mobile.
"Through the email correspondence between Apple and these three telecom companies we discovered the companies submit their pricing plans to Apple to be approved or confirmed before the products hit the market," it said in a statement.
Apple may choose to appeal the Taiwanese government's decision, however it may face a fine of 50 million New Taiwan dollars ($1,700,000) if it does not comply with the initial ruling. Furthermore, the ruling itself applies to iPhones only, with the government having no current plans to investigate Apple's price interference with iPads in the region. Apple's office in Taiwan has also not issued a statement on ruling.
Well Apple lets Wal Mart sell their phones for $27 and $127.
As far as I can tell, this is an issue about Taiwan's retail market, not what one American retailer does.
To my knowledge, Taiwan retail laws are not enforceable in the USA.
I know this is a rather rhetorical question, but are people on the Internet really this bad at reading comprehension?
That's not the price of the iPhone.
It's a down payment you pay for the privilege of signing up for a 2yr contract.
Yup, I find this whole "get an iPhone for £99" marketing thing totally mind boggling. More often than not if you sit and work out how much you're paying over that two years minus the cost of the tariff (as it would be if you just signed up for a plan with no phone) you're paying about twice the amount for the device itself.
That's why I paid a hefty "deposit" upfront for my 5C practically buying the phone outright and then ensuring that my plan costs very little per month. The downside of this is that I don't really own the phone and I'm tied to the network but at least my buy out cost for the contract isn't something absurd if I wanted to go down that route.
As far as I can tell, this is an issue about Taiwan's retail market, not what one American retailer does.
To my knowledge, Taiwan retail laws are not enforceable in the USA.
I know this is a rather rhetorical question, but are people on the Internet really this bad at reading comprehension?
I think they meant that in the USA Apple was allowing retailers to sell their iPhones at a different retail price than the other retailers, therefore are they even doing this practice in the USA?
Not that I am agreeing that Walmart has any such relevance here, or that the statement even makes much sense.
via apple - Google News http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHKKO2UNLB50Of20m2S4Jq4_Vf-lg&url=http://www.macrumors.com/2013/12/25/apple-fined-by-taiwanese-regulators-over-iphone-price-fixing/
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