I guess the public didn't get the message that this is just an "iterative" iPhone upgrade and that they should wait till next year for the REALLY good iPhone.
Of course, that's YOUR subjective interpretation and view, doesn't mean it's right....
Some will be coming from previous generation models... Some from other manufacturers even... Some will want the IP67 rating.... Some would have heavily used their existing iPhones to deplete battery performance..... Some will be handing down existing phones to family members....
Yes it's an iterative model from the previous version. If people work hard and want to buy it though - for whatever reason - then that's up to them. They "shouldn't" have to wait until next year because you say so...!
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Walked out with 2 iPhones each.. hmm wonder what they're planning on doing with them
Yup. Obviously went with what they could get because it would still make them money. The models they really wanted weren't to use, they would have just made them more money.
Restrict to one per person at launch. If you really want a phone, join the queue.
Instead, the "ticket touts" have just been given an extra $100 each after depriving genuine customers of a launch day phone at retail price.

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Life is filled with tradeoffs.
If you want to wait until your desired model becomes available, that means that many weeks or even months of waiting, so it's not as through your alternative is entirely free of opportunity costs.
These kids have made their choice. Let's respect them for it.
Whilst I agree with this, and sometimes people will want to trade off to get the phone today instead of waiting, and that's their choice.... My guess (and it's a guess, I don't know for sure) is that at least one of the phones each is to sell for a decent profit.
Supply and demand and all that, they're allowed to buy two so they've not "technically" done anything wrong and all that....
If all five of them are all just buying a second for a friend or family member then I'd find it surprising that they'd still just go for what they could get. Not a single one of them or the other person each of them might be buying for might have wanted to hold out for what they really wanted?
If my guess is right and they're buying to sell at least one (if not both) on at a profit, then they've deprived genuine customers of a launch day phone at a retail price. Nothing illegal, it's within the rules --- but still, it's no better than ticket touting when you think about it? With an extra $100 each thrown in for their troubles....
My thoughts are Apple should restrict to one per customer at launch....