There are some people who cannot wait
till Friday to lay their hands on the new iPhone from Apple
Inc.(NASDAQ:AAPL). Also the thrill of owning the latest gadget from Apple,
before the rest of the world, is something not to be missed.
So there are reports of enterprising grey market
operators in Hong Kong who have managed to get a limited quantity of iPhone 5s
and have commenced selling them at about $1100.
The official retail price for the iPhone 5 is $720 and
that is the price that Apple will be selling it when retail stores start
selling them on Friday.
A report from ePrice forums says that a seller,
identified as Mr Lo, has said he has engaged `secret' couriers from the U.S.
and Europe to get on to flights to Hong Kong and deliver the iPhones to him.
According to Mr Lo - who has a credible history of
selling Apple products before they are officially available - customers from
mainland China have already placed hundreds of orders and they are prepared to
pay a hefty premium in order to get an iPhone much ahead of legitimate
customers elsewhere in the world.
Mr Lo himself feels that it is perfectly right for him
to sell the phone at a good premium since the phones are in demand and supply
might not be able to keep up with that.
Incidentally the phones will be available in Hong Kong
on Friday. After its pre-orders for phones for delivery on Friday were sold out
Apple has stopped taking online orders and has told customers that store sales
will start early at 8 a.m. on Friday morning.
Apple launched
the iPhone 5 on September 12 and the phone has already seen a huge demand
in terms of pre-orders within the first 24 hours of its opening up.
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