As crazy as it seems - read on... I decided this morning to get up at 5AM and go up to the 5th Avenue Apple Store in New York City. When I got there, there were 300 Chinese people waiting in line. I wondered if they were tourists. I asked the Apple Store employee how long the wait would be, he said at least two hours. Aside from 3 or 4 non-Chinese people at the front of the line, literally everyone in line was Chinese. Ok, no big deal. So I walked across Central Park to the Upper West Side Apple Store. I wasn't surprised to see another hundred Chinese people waiting in line. I got in line, was the only non-Chinese person in line. I waited an hour or two and bought a black 32 gig iPhone 4S, even though I wanted a white one. By that time I was guessing at what it all might mean, but had not drawn any conclusions. I called the Soho Apple Store and they said they had white 32 gig in stock. So I went down there, and what did I see? Check out the attached pictures - another couple hundred Chinese people waiting in line (mixed in with a few non-Chinese). This pretty much confirmed my suspicions that what I was witnessing was a concerted effort to send off-contract (basically unlocked) iPhones back to China to be sold at a profit. How much of a profit? One of the security guards at the Soho Apple Store said they could be getting 3 to 4 times the US retail sales price. -- This has got to be a first in China/US economic relations!