But one of the major features of the iPad mini is it's price. No one is going to want to pay a premium over retail for it. Especially given that it's an A5 and non-retina screen.
And it is launching in several countries on the same day.
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All iPads Fellow scalper what ipad are you buying :)
- Thread starter silverf1re
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But one of the major features of the iPad mini is it's price. No one is going to want to pay a premium over retail for it. Especially given that it's an A5 and non-retina screen.
And it is launching in several countries on the same day.
Simple question what new ipad do you think will bring the best return on investment? Mini or ipad 4? I'm leaning 4 because the most attractive piece of the mini is price point so if you blow that up high I don't think people will buy, on the other hand I'm not sure if the general public is aware of the ipad 4 because it seems to be over shadowed by the mini. Anyways speculation welcome here
noob
I was thinking the same. I am picking one up for myself and was planning on picking up one to sell. I even told my wife it probably won't have a shortage as it's selling in tons of countries on the first day. As OP said, if it doesn't sell then I'll take it back, no biggie.
You have to remember there might be a shortage of minis because of supply chain making them push back the release date already.
sorry if this sounds condescending.
this is why the iPads will resell.
1. Look at ebay, a various fluctuation of prices (all over retail) ranging from 360-600+ (mind you, I am aware a few of them could be placebo's - fakes), but those are probably because the lowest are sold at the wrong times, or maybe too quickly, or descriptions arent engaging to potential customers.
2. It has usually went, when pre-orders dropped for many things lately in the past- say 2 years or at least 1 year, everything usually gets pushed to "4-6 weeks" or 3-4 weeks, etc. There are articles already published about constraints on the devices (nexus, ipad mini, etc) materials already, so what more do you need?
3. surely 3-4 weeks arent that long, but can apple pump out another good amount for EVERYONE who can afford a 300 some tablet (with some using discover discounts and apple gift cards) enough before that 25th?
4. around those early december days, people get frantic, and out come the 500, 600 dollar offers.
I COULD BE COMPLETELY WRONG. BUT. i could be completely right too, who knows, guess we will see in the news. the 5 came out a little while back and around where i live in california, not many att's have any in stock too..
this is why the iPads will resell.
1. Look at ebay, a various fluctuation of prices (all over retail) ranging from 360-600+ (mind you, I am aware a few of them could be placebo's - fakes), but those are probably because the lowest are sold at the wrong times, or maybe too quickly, or descriptions arent engaging to potential customers.
2. It has usually went, when pre-orders dropped for many things lately in the past- say 2 years or at least 1 year, everything usually gets pushed to "4-6 weeks" or 3-4 weeks, etc. There are articles already published about constraints on the devices (nexus, ipad mini, etc) materials already, so what more do you need?
3. surely 3-4 weeks arent that long, but can apple pump out another good amount for EVERYONE who can afford a 300 some tablet (with some using discover discounts and apple gift cards) enough before that 25th?
4. around those early december days, people get frantic, and out come the 500, 600 dollar offers.
I COULD BE COMPLETELY WRONG. BUT. i could be completely right too, who knows, guess we will see in the news. the 5 came out a little while back and around where i live in california, not many att's have any in stock too..
That doesn't make sense. The iPad mini is only $170 cheaper not THAT big of a price difference.
Also just because many people have iPad 2/3 doesn't mean demand is lower. Many people had iPhone 4/4S yet the iPhone 5 sold fairly well.
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agree....
the only resell money to possibly be made would be if there was truly more demand than expected and people panicked around the holidays. But with 7 weeks of sales time that would be a huge risk and a move to make a month from now.
I am. Some Apple stores were lasting through the day with stock remaining within a week after launch. I walked in exactly 6 days after launch half an hour before the Apple store closed and bought one. No line, no shortage. Was actually funny (also kind of sad) watching people trying to sell them online for > $1000.
There is a shortage right now, yes, but that is not because supply is still constricted from the launch, it's because of work disruptions and quality control issues, which may or may not affect the new iPads.
Yup. 12 hours in line (or more), plus time spent trying to sell them, just to take them back for zero return? What a waste.
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Maybe. Two kinds of scalping, though. The real evil ones are the line gangs that snatch up every available device and then send them out of the country.
There's not much to be made in quantity. iPads are no longer the unique product they once were. That's not to say they're getting soft, it's just a matter of current market dynamics.
Or you simply buy them from apple.com to be shipped to you and you put them on Craigslist/eBay when you get delivery notice. Barely any time and you have people interested before you even get it.
Or you simply buy them from apple.com to be shipped to you and you put them on Craigslist/eBay when you get delivery notice. Barely any time and you have people interested before you even get it.
Here's what I don't understand.
That's not worth doing just for one or two. In volume is the only way it makes sense. But anyone with the means to buy the volume required to make it worthwhile likely wouldn't see the profit as consequential. The $1000 or $2000 one would get from doing this once (maybe twice) a year doesn't mean much to someone who makes enough to have the $5000 sitting around on a credit card to lay out.
So what's the point? If you're poor you can't afford to do this properly, and if you're rich, you won't make enough to make it worth your while.
Not sure why you think you need to buy a lot of them to make it worth your time. I paid $314 for an i5 and sold it for $1100. Take out pp and ebay fees and shipping I still walk with $600 for about 1 hour worth of work (putting up the ebay listing and packaging/shipping). You may think $600/hr is not worth it but I sure do. That $600 paid for my other 2 iPhone 5's. So basically I got 2 iPhone 5's for free. I'll turn around and sell at least one of them for $400 or so dollars next year when the 5s comes out so if you really want to break it down I got free iPhones and will get cash in one year. Well worth the time invested.
Say I only make $200 on an iPM.... $200/hr is still pretty nice pick up.
I have a good bit of cash sitting in my savings. Why not transfer some of it to my checking an use it to purchase 6-8 of them with different accounts? I'd hopefully make $1k-$2k with very little work.
With that said, I am not going to do this. Im just making a point. Lol
With that said, I am not going to do this. Im just making a point. Lol
I have enough money available to do it too. But again, why bother? If you have enough to do it, $1000 isn't a life-changing amount to you. And if you don't have enough to do it, you can't make enough money scalping to make a difference.
People in the middle (who can pull the money together but it requires a severe amount of juggling), would benefit significantly from the money in the short term, but if they're willing to do that much shuffling to make it happen, their long-term problems won't be solved by a cash injection.
The risk in scalping iPads is too high. You may not get back your capital. But it's a sure thing for iPhone... I just sold 2 for a profit of $392 (54.7%) each (=$785 total) in Hong Kong last week.
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Woot. Bought a black and white, first to sell out was going on the bay. White sold out first so it went up for $600 BIN or best offer. IF I get $600 for it that will put a huge dent in the cost of the second one after fees and shipping so I'm pleased. Got my 2 i5's for free (not to mention the money I'll get when I sell one/both when the 5s comes out) if I can get my iPM for almost free I'll be happy. If it doesn't sell for asking price I'll simply return it without losing a dime.
Good job reading what I wrote. As I said, yes, there is a shortage right now.
That's all great, but reselling phones you legitimately buy on contract isn't scalping. And you only make that much money if you want to keep the contracts. If you have to cancel them, subtract the cancellation fees and that's not even close to $600/hr any more. I've pulled that game myself a few times (not for an iPhone though) when I've needed a new contract or a renewal. That's a nice quick buck, but it's not scalping.
I think you're being wildly optimistic to think your margin on a $300 iPad is going to be 63%. The margin on an iPhone 5, even selling at $1100, is 55%, and only because it's a high-end device. The scalping margin people will tolerate goes down with the retail price, not up. (exceptions for the large number of idiots in the world, of course...)
doubt iPad 5 will come in march. I think the whole point of this launch was to get all iOS devices to launch within 6 weeks of each other so that at each iOS software major release, the entire iOS hardware lineup gets updated at the same time.
I imagine next year, there would be an iPhone 5S, iPod touch 6, iPad 5, and iPad mini 2 all launching at the same event with the iPhone 5S getting an A7 chip, iPad getting A7X, and the other two getting A6 processors.
...and people wonder why Apple's prices are so high.
Like most retailers, once a product leaves the store, it isn't resold. It will go back to a refurbishing facility and used as a warranty replacement or sold on the refurb site. When thousands of people do this, it results in millions of dollars in losses.
Few other companies have to deal with this attitude of "I'll buy a bunch of 'em and if I can't make some easy money I'll return 'em".
Why are you entitled to take money from someone else's pocket? Why should Apple shoulder the financial burden of your risk? Why should we, as customers have to shoulder it--those costs get passed on to us in the form of high prices. Why should a consumer have to wait to buy a product they desire just so you can make a quick buck?
It's one thing to be a parasite, it's another thing entirely to admit it openly. If you want money, earn it.
Like most retailers, once a product leaves the store, it isn't resold. It will go back to a refurbishing facility and used as a warranty replacement or sold on the refurb site. When thousands of people do this, it results in millions of dollars in losses.
Few other companies have to deal with this attitude of "I'll buy a bunch of 'em and if I can't make some easy money I'll return 'em".
Why are you entitled to take money from someone else's pocket? Why should Apple shoulder the financial burden of your risk? Why should we, as customers have to shoulder it--those costs get passed on to us in the form of high prices. Why should a consumer have to wait to buy a product they desire just so you can make a quick buck?
It's one thing to be a parasite, it's another thing entirely to admit it openly. If you want money, earn it.