Xiaomi: It really ISN'T a biz-miracle idiot tax like Apple

Chinese customers won't pay Cupertino's 50 per cent markup Worstall on Wednesday The lads over at Business Insider seem to be getting a little over-excited about Xiaomi's latest fund raising exercise, claiming in their headline that it's the Apple of China. Well, no, not really, Apple is the Apple of China. Making cute kit and selling it in volume isn't the definitive point about Apple itself so a company that does merely that doesn't an Apple make....