As iPhone 6 units are smuggled in ‘Twinkie boxes,’ Chinese government says regulatory approval coming soon

Appearing on CNBC Tuesday morning, reporter Eunice Yoon said that just hours ago, the Chinese government said the review of the license for the iPhone 6 would be “completed soon.” That, she said, has helped to temporarily drive down prices for Apple’s new handset on the black market, with locals believing that sales through official channels could begin.