iPhone 4 Sells Out in Apple's Chinese Online Store in Only 10 Hours, Scalpers Blamed

Discussion in 'MacRumors.com News Discussion' started by MacRumors, Oct 28, 2010.

  1. macrumors bot

    MacRumors

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    iPhone 4 in Apple's Chinese online store: "No Supply"
    Earlier this week, Apple debuted its Chinese online store, offering consumers in that country the ability to order the full range of Apple products directly from the company. M.I.C gadget reports, however, that the store's supplies of the iPhone 4 recent incidents in Apple's retail stores in China, scalpers are being blamed for rapid depletion of Apple's online store stocks. With Apple employing more stringent standards for in-store iPhone 4 sales, including reservations, purchase limits and ID requirements, the new online store appears to be scalpers' latest target.
    Demand from legitimate customers appears to remain very high, but they continue to struggle to compete against scalpers working to soak up the entire country's supply as quickly as it can be released.
    The iPhone 4's quick disappearance from the Chinese online store comes after all iPhone models became unavailable in Apple's Hong Kong online store. Hong Kong was a popular source for grey market iPhones before the iPhone launched in China and has continued to remain a profitable option for smugglers due to lower taxation and thus lower prices in Hong Kong coupled with continued tight supplies in China.

    Article Link: iPhone 4 Sells Out in Apple's Chinese Online Store in Only 10 Hours, Scalpers Blamed
     
  2. macrumors 6502a

    NinjaHERO

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    U S of A
    #2
    Sucks for the legit customers who want one.
     
  3. macrumors 68000

    NebulaClash

    Joined:
    Feb 4, 2010
    #3
    Doesn't take long for people to catch on to capitalism once exposed to it, huh? :)
     
  4. macrumors G4

    Small White Car

    Joined:
    Aug 29, 2006
    Location:
    Washington DC
    #4
    Oh PLEASE Apple...just drop the price there about $100 tonight. :D

    You've got cash in the bank. The look on the scalper's faces will be worth the money you lose.
     
  5. macrumors newbie

    Joined:
    Sep 29, 2009
    #5
    I wonder how many were "sold" in that 10 hours.
     
  6. macrumors member

    Joined:
    Jun 23, 2009
    #6
    Its a temporary issue. Once the demand levels off, the scalpers will disappear.

    It happened here as well. The Pasadena, CA store had many groups assembled at the direction of scalpers to buy as many iPhones as possible on day 1.
     
  7. macrumors G4

    Small White Car

    Joined:
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    Location:
    Washington DC
    #7
    Why the quotation marks? They're real sales. I mean, it sucks for the real customers, but Apple got paid. They're actual sales, not "sales."
     
  8. macrumors 6502a

    Joined:
    Jun 5, 2006
    #8
    Too bad they don't have a limitless production facility. They could just flood the Chinese market with more phones and the scalpers would get stuck with all theirs (and Apple would sell a boatload of phones).
     
  9. macrumors G4

    Rodimus Prime

    Joined:
    Oct 9, 2006
    #9
    what I hate is those damn scalpers/scammers have force so many web sights and business to go to those pictures with random letters in them. Some of them are hard to read and take me multiple tires to enter the answer and it is getting worse as those same groups are getting better at writing programs to see threw the "noise" thrown in.
     
  10. macrumors 6502

    Nanasaki

    Joined:
    Oct 26, 2010
    #10
    1. Very small amount of quantity, and relatively large demand, create a illusion that iPhone is very popular in China.
    2. They kept customer wait longer for supplying while again keep quantity relative small, so that it appears iPhone sells really quick. At least that i read from news article in Chinese website.
    3. There are lots of people who buy large quantity of iPhone and resell it for higher price. So that those people took most of iPhone from Apple store. So it appears iPhone selles even more quickly. In reality, most people have to wait for iPhone at regular price or people has to buy iPhone off from other at higher price.
    4. It is just in Beijing and Shanghai, city like those has lots of rich people. They just don't care about the price. They just want show off to satisfy their sick minds.
    5. I love my Blackberry torch. It just good.
     
  11. macrumors 6502a

    Loonytik

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    #11
    It's Ticketmaster....except it's phones, not tickets!
     
  12. macrumors 65816

    Joined:
    Apr 24, 2010
    #12
    This reminds me of the throngs of Chinese resellers that would descend on Apple 5th Ave in NYC to buy as many iPhones (and iPads) that they could within the two-device per day limit.

    They would buy a deuce at full retail price in cash, go outside with their purchase to drop off with Grandma, change their shirt or jacket / put on sunglasses, then return to buy more in their "disguise". :)

    Most spoke no English whatsoever besides the words "iPad" or "iPhone" ("34 gee-bee") and big blue vans would drop them off in the morning to buy as many as possible for their "iPimp" who would return to pick them up at the end of the day and collect the loot.

    Poor immigrant makes about $200 cash a day for a good score and a long day of "shopping" and sitting, then iPimp sells each phone in Hong Kong for $1000 over U.S. retail.

    Crazy, but 100% true.
     
  13. macrumors Core

    alphaod

    Joined:
    Feb 9, 2008
    Location:
    上海 (Shanghai)
    #13
    Except the demand has been very high for the last three and some years. There is nothing temporary about it.

    If you have ever been to China, you'll see the demand is very very high. People are paying as high as $2500 for the factory unlocked ones.
     
  14. macrumors 6502

    sarge

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    Location:
    Brooklyn
    #14
    Too True. U.S. Congress works much the same way.
     
  15. macrumors 6502a

    Joined:
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    Location:
    AU
    #15
    Sounds like America.
     
  16. macrumors 6502a

    Joined:
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    Location:
    UK
    #16
    They should have put an extra $100 dollars on the price from the start and then dropped prices when the demand slowed down, they make the extra money plus no one buys the phones from the scalpers, everyones a winner, well just Apple really.:D
     
  17. macrumors 6502

    Joined:
    Apr 13, 2007
    Location:
    Chicago, IL
    #17
    That is a very uninformed comment. China is communist because of the one party system and because the government has more power to regulate, not because people don't know how to be entrepreneurial. Capitalism isn't illegal in China. It is actually encouraged. China has been trying to get rid of any remaining state owned business and are certainly not expanding that. If anything the scalpers are against law/regulation because they are not respecting Apple's terms.
     
  18. macrumors 6502a

    SteveSparks

    Joined:
    Jan 22, 2008
    Location:
    St. Louis, MO.
    #18
    Apple just needs to show up with a dozen or so semi trucks of phones. Sell them and flood the scalpers with 100k phones then drop the price. Everyone wins.
     
  19. macrumors 6502

    Nanasaki

    Joined:
    Oct 26, 2010
    #19
    I am not really surprise of that. Lots of rich people in city like Shanghai and Beijing. So there you go. If i am still in China, there would be no way for me to spend 2500 (you mean Yuan or dollar?). I am not rich... sad.... Yea, Apple let Chinese people wait for at least 3 generation for the iPhone, of course the demand would be very very high. People over there like showing off their new shiny Apple product, since iPhone can make them proud of themselves. Seriously, i am Chinese, and i have living in China for almost 17 years. I know what people over there. I believe, when blackberry officially sells in China, the demand would be really high too. But it is good for Apple, coagulations to Apple. Thumb up
     
  20. macrumors regular

    Joined:
    Jun 8, 2009
    Location:
    Devon, UK
    #20
    Now that I would like to see.....;)
     
  21. macrumors 6502

    Nanasaki

    Joined:
    Oct 26, 2010
    #21
    Sigh... plans for iPhone are way to expensive here in Canada.... $50 per monthly (only have 500MB data bandwidth)... LOWER the price already!!! I am using unlocked BB and paying $30 without data plan...
     
  22. macrumors newbie

    Joined:
    Oct 11, 2004
    Location:
    Vancouver, BC, Canada
    #22
    hmmm

    I wonder how many fraudulent credit card transactions are being made by these scalpers...check your statement for Apple China transactions
     
  23. macrumors 601

    Eddyisgreat

    Joined:
    Oct 24, 2007
    Location:
    Seattle, Wa
    #23
    Jeeze....mafioso win? With statements like this I wonder if they have operations in the US at Apple headquarters, or have insiders at FoxConn taking them right off the line.
     
  24. macrumors 65816

    Joined:
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    Location:
    Sarasota, Florida
    #24
    You took the words right out of my keyboard.
     
  25. macrumors 6502a

    Joined:
    Jul 15, 2010
    #25
    can't they just put a limit for 1 or 2 iphone per credit cards?

    Unless the scalpers have a few thousand credit cards on standby, otherwise they are not going to be very effective.
     

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