Apple will start selling iPad in China July 20

Apple will start selling iPad in China July 20

July 10th, 2012 by Associated Press in Local - Breaking News

In this product image released by Apple Inc., the Apple iPad is shown. (AP Photo/Apple Inc.) NO SALES

NEW YORK - Apple will start selling the iPad in China on July 20 after settling a dispute over the ownership of the tablet computer's name.

Apple Inc. says it will begin selling its latest iPad starting at $499 and the older iPad 2 starting at $399.

The tablet computers will be sold online, at Apple stores, and through approved resellers.

Apple paid a Chinese company $60 million to gain the rights to the iPad name, a Chinese court said on July 2.

China is Apple's second-largest market after the United States, and it is the source of much of the Cupertino, Calif., company's sales growth.