Sidebar Sidebar
Become a MacRumors Supporter for $50/year with no ads, ability to filter front page stories, and private forums.

Former Foxconn Manager Faces 10-Year Prison Sentence for Profiting $1.5M on Stolen iPhones

jeremyhu said:
He allegedly netted $US 1.5 mil. The scheme allegedly netted $US 2.2 mil. Using the reported amount of 5700 phones, that's about $385 per phone. Considering that these are not legitimate phones (pre-production test units, no warranty, etc), you'd expect to pay somewhere around 50% of the price of a legitimate phone. At $385 per phone, that seems rather spot on.
Click to expand...
You mean to tell me he didn't even sell a warranty? Usually scammers are reluctant to miss out on the biggest scams of all ;)
 
You must log in or register to reply here.
Register on MacRumors! This sidebar will go away, and you'll see fewer ads.
Top Bottom
Back