Last year's "HiPhone 5" sale on Taobao.
(Credit: Taobao)
China's Taobao e-commerce platform is home to a host of preorder opportunities for an Apple smartphone that might not even exist.
According to Reuters, several sellers on Taobao are offering preorders for Apple's long-rumored iPhone 5. One of the sellers, Reuters says, is currently accepting preorders for 1,000 yuan ($160). Another says that the only way to be guaranteed to get the iPhone 5 at launch will be to pay in full -- 6,999 yuan ($1,100) -- upfront.
China, and especially Taobao, have long been home to sellers attempting to take advantage of the iPhone's popularity. Back in August, when the world believed that Apple would launch the iPhone 5 and not the iPhone 4S, sellers on Taobao were offering up the "HiPhone 5," a copycat device designed to capitalize on of all of the excitement surrounding the handset.
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