Scalpers swoop as Apple sells out of iPhone 4 in China
Friday 01 October 2010
US high-tech giant Apple has sold out of the iPhone 4 in China less than a week after launching the trendy smartphone on the mainland, creating a flourishing market for scalpers, state media reported.
More than 200,000 iPhone 4s were snapped up within days of going on sale while waiting lists stretch to the end of October, the China Daily newspaper reported Wednesday, citing Apple's mobile operator partner China Unicom.
Apple was forced to temporarily close one of its stores in Beijing on the same day after arguments reportedly broke out between scalpers and Apple store customers frustrated at missing out on the handsets.
Earlier in the week, scalpers were scooping up several iPhone 4s at a time, suggesting Apple's restrictions of two smartphones per person were not being enforced, the China Economic Daily reported on its website Thursday.
Scalpers outside Apple's two stores in the capital were then offering the iPhone 4s to desperate customers for 300-600 yuan (45-90 dollars) more than the official price, the report said.
One scalper, who had bought six iPhone 4s, told the newspaper he was selling the 16-gigabyte version, which has wireless Internet capability, for 5,600 yuan compared with the official price of 4,999 yuan.
The 32-gigabyte smartphone sells for 5,999 yuan, Apple has said.
The phone made its debut in China on September 25, just a week after Apple officially launched the iPad in the country, with some customers queuing for several days to get their hands on the tablet computer.
Both products have been available for several months on China's grey market, which has been booming thanks to great demand for Apple goods.
The earlier version of the iPhone only officially went on sale in China in October - more than two years after its US launch.
China has at least 420 million web users and is also the world's largest mobile market with more than 800 million subscribers as of the end of June, according to official data.
Life & Style blogs
Replica cars: The 'new classics' roaring back into the lead
iPhone 6 vs iPhone 6 Plus: which is the best?
Android One handsets launch in India: £65 apiece with cricket scores baked in
Students in the south east of England gain the most weight in their first year
Jennifer Lawrence nude pictures leaked: Reddit removes 'The Fappening' board dedicated to sharing naked pictures of celebrities
Daniele Watts: Django Unchained actress detained by Los Angeles police after being mistaken for a prostitute
The political class is doing what Hitler couldn’t – destroying Britain
Scottish independence: Nationalist leader Jim Sillars threatens pro-union companies with 'day of reckoning' after independence
Scottish independence: Yes campaign feels the heat as Alex Salmond's NHS claims come under furious attack
£23m Birmingham cycle scheme is attacked by Tory councillor for not catering to the elderly
Salmond accused of laughing off national debt with ‘what are they going to do: invade?’ joke
- 1 British tourists 'murdered' in Thailand: Pair's bloodied bodies found naked on Koh Tao beach
- 2 Vivienne Westwood says 'Yes' to Scottish Independence by declaring: 'I hate England'
- 3 Welcome to Cameroon, where drinking Baileys can lead to imprisonment
- 4 Lego breaks out of the toy box and heads for the gallery
- 5 Vogue under fire for 'Big Booty' article
iJobs Gadgets & Tech
£30000 - £35000 Per Annum Plus excellent benefits: Clearwater People Solutions...
£35000 - £40000 Per Annum: Clearwater People Solutions Ltd: We are currently r...
£30000 - £35000 per annum + Benefits: Ashdown Group: IT Support Manager - Near...
£55000 - £60000 Per Annum + benefits: Clearwater People Solutions Ltd: Senior ...