China's black market prices for new iPhones down sharply from last year

Extra charges for the new iPhone 6s and 6s Plus on China's black market are a lot lower than last year when the iPhone 6 and 6 Plus were released thanks to Apple's efforts to increase stock and shorten shipping time, the Chinese language news portal, DoNews reports.

iPhone 6s and iPhone 6s Plus online orders began in China, including Hong Kong, this morning. Demand for rose gold models has been soaring because buyers said it's the only color that distinguishes the new iPhone from its predecessor, says DoNews (as noted by, a global investment newswire).

Earlier today, black market prices for rose gold iPhone 6s handsets were CNY 6,000 (about US$941) for the 16G version and CNY 8,200 for the 128G model. Black market prices for the iPhone 6s Plus were CNY 9,000 for a 64G smartphone and CNY 11,000 ($1,726) for a 128G version.

Due to a greater supply through Apple's own channel and carriers than in previous years, the price for the most popular model, the 64G iPhone 6s Plus, dropped by 12% to CNY 7,900 in just one day. Extra charges for other 6s and 6s Plus models are CNY 500 to 800, compared to the normal range of CNY 4,000 to 5,000 in previous years.

In Hong Kong, the black market price for the 128G iPhone 6s Plus is HKD 9,600 (US$1,238.70). That's significantly lower than the HKD 14,000 black market price for the iPhone 6 Plus in 2014.

Official prices for rose gold iPhone 6s models in China are CNY 5,288 for the 6G version, CNY 6,088 for the 64G model, and CNY 6,888 for the 128G smartphone. Prices for the rose gold 6s Plus are CNY 6,088 for 16G, CNY 6,888 for 64G and CNY 7,788 for 128G.