Now that Apple has shelled out $60 million to settle its trademark dispute over the iPad name, the Cupertino-based company is finally ready to sell the iPad in China.
While the trademark battle was ongoing, Apple was unwilling or unable to sell the third generation iPad in the country. After all, the Chinese courts did get vendors to pull the iPad 2, which meant the new iPad’s sales could have been in jeopardy.
Chinese citizens have been without access to the third generation iPad, with its upgraded processor and enhanced Retina display, which had to be frustrating to Apple as well, because the company has been making efforts to expand in the country.
Back in March, Apple CEO Tim Cook toured iPad and iPhone factories, and met with Chinese officials to discuss the future of Apple products in the country. Apple has also been working on opening additional retail stores in Shenzhen and Chengdu to complement those in Shanghai and Beijing.
When July 20 rolls around, people in China will finally be able to purchase Apple’s newest iPad in the Online Apple Store, at Authorized Apple Resellers, and by reservation from Apple’s retail stores.
The iPad will retail for the typical $499 for the entry level W-Fi tablet, with the 32GB model costing $599 and the 64GB costing $699. The Wi-Fi + Cellular models will be priced at $629, $729, and $829, inline with U.S. prices.
Apple may have had to spend a hefty chunk of change to secure its spot in the China, but sales from the tablet will make the payout worthwhile, as China is a rapidly expanding market for the company.