"We are committed to pursuing counterfeiters and others who steal from us and deceive our customers," Bowcock says. ![]() in Taipei.Īpple, which has sold more than 1-million iPhones, intends to fight back. "The longer Apple delays, the more the pirates can rip the company off," says Chialin Lu, an analyst at Yuanta Core Pacific Securities Co. Jennifer Bowcock of Apple wouldn't discuss how much the company loses as a result of phony products. Knockoffs cost the global economy $650-billion annually, the U.S. ![]() Ben says his company designed the fakes from pictures posted on the Internet before Apple CEO Steve Jobs unveiled the iPhone in January. The clones show how fast Asian counterfeiters move.
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