An Iphone costs about $1024 in China, which compares to less than $300 for a normal phone and less than $800 for a smart phone. However, Iphone has its own advantage: it is fancy, trendy, and COOL. Will Iphone create a similar success it has in other parts of the world? It remains to be tested (See Article from WSJ). Personally there is no way for me to spend $1000 just for a phone. For half the price, I can get a blackberry, and it has camera, email, phone, and SMS. What more do you need? Maybe I am outdated. A recent study shows that Apple is world’s number 3 Smart Phone vendor as late as 2008, after Nokia and RIM. However, the growth of Iphone sales outnumbers the rest by dazzling digits. Clearly more cool and sexy Iphones are a better favorite of most people.