Just 24 hours into business, China's first online Apple Store has sold its entire stock of iPhone 4s. Writing for The Global Times, Wang Xinyuan says, "Apple Inc's new online Chinese-language store was a big hit with consumers Wednesday after it sold out its entire stock of iPhone 4s on the first day."
Apple hopes to tap into China's fast-growing online shopping market, which saw business of 120 billion yuan (about US$17.91 billion as of this writing) worth of transactions in the third quarter of this year.
More importantly, Apple hopes the online store will further thwart the
