Jul 10, 2012 at 1:30pm

Apple said today that it would begin selling its latest iPad in China on July 20.

The pricing is similar to other markets, retailing between $499 and $699, depending on the storage space.

While the new iPad has been out elsewhere for months, it is just arriving in China, an increasingly important market to Apple. The company is beginning to generate more revenue from Chinese consumers, who still see Apple products as a status symbol.

The iPad's continued success has enabled Apple to dominate the newly created tablet market. While other companies have attempted to breach the market, they have only met with muted success.

Google is attempting to get into the market itself with the $200 Nexus 7, while Amazon is believed to be preparing a follow-up to its Kindle Fire.

The iPad will be available at Apple's website, its authorized resellers, and by reservation from Apple retail stores. Reservation requests will be accepted beginning July 19.

As in other markets, the older iPad 2 will also be on sale for the lower price of $399.


Surce: CNET