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Upside down iPhone pricing in China

TOKYO — Apple’s new iPhones took a step closer Wednesday to being offered by the world’s biggest cellphone carrier, China Mobile, when the Chinese government approved the handset to run on the carrier’s next-generation network.

Apple’s iPhone 5S, left, and 5C were on display at the company’s California headquarters on Tuesday.

Rather than celebrating, though, the Chinese were raising their eyebrows over the cost of the new models — especially one that had been billed as a cut-price iPhone.

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