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Iphone 6s Being Sold For Insane Amounts Of Money In China - Phones - Nairaland

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Iphone 6s Being Sold For Insane Amounts Of Money In China by asala1: 5:04pm On Sep 22, 2014
BEIJING -- For those complaining about the price of a new iPhone, try buying one in China.

Delayed by governmental red tape, the iPhone 6 is selling for as much as 10 times the U.S. price in a thriving black market that's popped up in a matter of days.

"You want an iPhone 6?" asked smugglers on Monday just outside Apple's flagship store in Beijing's fashionable Taikoo Li mall.

Sidling up to everyone entering or exiting the store, they made their pitch: $1,430 gets you the cheapest base model (seven times the U.S. price of $199 with a carrier contract). The iPhone 6 Plus was even costlier -- at more than $2,400 (versus $299 at U.S. stores).

But that's a steal, argued one smuggler, considering the fact that the smartphones can't be had at any price in China's official stores.

The smuggler, dressed all in black with a boxed iPhone tucked under one arm, said his crew had laid out their elaborate operation weeks in advance of the phone's Sept. 19 debut. Like most of the roughly 15 hawkers who swarmed around all three exits of the Beijing Apple Store, he declined to give his name.

But in an interview between his hard-selling pitches to passersby, he said his group had folks in line days ahead outside Apple Stores in Hong Kong, which is not bound by the same restrictions as China. Within hours, they sneaked their first iPhones across the border. Within the first day or so, they already had scores on the street.


While the current prices may seem ridiculous to some, they've already dropped a few points over the weekend, he lamented. "The first day, I was selling iPhone 6 Plus on the street for almost $3,100. Some paid $3,200 to have it delivered to their door."

All weekend, reports have popped up of overseas Chinese trying to get in on the action, including vacationers in Japan, those with relatives in the United States and Chinese smugglers flying in and out of other locales such as Australia.
http://www.washingtonpost.com/blogs/worldviews/wp/2014/09/22/iphone-6s-being-sold-for-insane-amounts-of-money-in-china/?Post+generic=%3Ftid%3Dsm_twitter_washingtonpost

Re: Iphone 6s Being Sold For Insane Amounts Of Money In China by asala1: 5:06pm On Sep 22, 2014
This is insane!
Re: Iphone 6s Being Sold For Insane Amounts Of Money In China by Nobody: 5:25pm On Sep 22, 2014
What's so special in this phone?
Re: Iphone 6s Being Sold For Insane Amounts Of Money In China by constance500: 5:29pm On Sep 22, 2014
I wonder y people rush to get this phone when it doesn't even have a factory fitted A /C yet angry

Sticks with my Tecno jeje grin

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