Beijing Apple Store Closes After ‘Scalpers’ Buy 30 iPhones at a Time
Posted in: iPhone, Phones, Today's ChiliApple closed its Beijing store Wednesday after crowds rushed it to load up on iPhones. Previously, there was a two-per-customer limit on iPhone 4s, which Apple incautiously abolished. The store was overrun with “scalpers”, buying up to 30 handsets at a time – with stacks of cash – to sell on at a profit. According to Chinese blog MIC Gadget, the scalpers were selling these phones right outside the doors of the Apple Store.
The store was closed at noon (or 10AM, depending on the source), after hours of chaos. It seems that the scalpers were not buying the phones to sell later, or to export, but deliberately acquiring the total daily stock to force genuine customers to buy from them at inflated prices. There are only four Apple stores in China, and no online orders for the iPhone. Scalpers were marking up the iPhones from 5000 Yuan ($747) to 5,500 yuan ($822), a profit of $75. The Apple store is the only placed to get an off-contract iPhone.
The trouble started when customers got sick of the scalpers jumping the line and scuffles broke out. The store was closed, and reopened with a new policy: Buyers must now show ID when purchasing, they can only buy one iPhone, and they must un-box and activate it there in the store.
For a full account of the craziness, and a lot of photos (including shots of the evil scalpers), head over to read Chris Chang’s article at MIC Gadget.
Beijing Apple Store Closed Due To Scalpers Reselling iPhone 4 [MIC Gadget]
See Also:
Follow us for real-time tech news: Charlie Sorrel and Gadget Lab on Twitter.