The presentation of the iPhone 4S has been held at Cupertino, California, by Tim Cook, who replaces Steve Jobs, who left Apple in August due to health problems, Gazeta.ru reports.
Stock markets reacted with a fall in shares, since there were expectations for an iPhone 5. The prices for shares dropped by over 3.5%, and then by 0.5%. Fake iPhone 5's were spotted in China.
The Chinese version of the iPhone 5 is being sold at Beijing markets for $43 per model, compared with $199 for the iPhone S4 with less memory. When making the iPhone 5, Chinese manufacturers expected it to be less thick with rounded edges, like the MacBook Air. The models were made before the presentation of the iPhone 5 at Apple headquarters on Tuesday.
