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The Case Of Missing iPhones

NYT discovers that the 1.4 million missing iPhones (not registered on their respective networks in U.S. and Europe) have landed up in, lo and behold, China. Well, a lot of them. Duh. Lots of them are in other Asian countries and other European countries where the iPhone hasn’t launched yet. I took my iPhone to India and gave it to my brother, who is using it on Airtel, after unlocking the phone. Now he’s a rockstar in his town…he could probably charge his college friends just to have a look.

The only hitch: Apple (NSDQ: AAPL) may lose as much as $1 billion over the next three years as a result of non-collection of monthly royalties from its exclusive operator partners, according to some analysts.

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