NY Times Article on the NY Crew

[manman]

Because they are desperate for one. A BMW's parts are worth a certain amount, plus the markup necessary for making that company profitable. $60,000 is a fair price, based on that concept. $200,000 is not. Likewise, an iPad is worth $800, not $2000.

They are desperate for one?! LOL what are iPads, the last source of food and water?! Please... This is the point you completely missed about theM3. I /want/ one...that doesn't all of a sudden translate into me being forced or HAVING to get one. Regardless of how desperate I am, that price is too high for me, I'm not paying it.

How do people not get the concept of something only being worth what people are willing to pay for it. There's no fair or unfair or 'inherent' value of these goods. This is really getting a bit ridiculous... If you don't understand basic economics, pick up a book. If you do and just don't like it, well...that sucks I guess. But don't act like supply and demand is some kind of economic anomaly that only applies to iPads...

 

[DougFNJ]

Scalping and price gouging are illegal in New York State.

It's illegal if you are scalping and price gouging in New York State. Dosen't stop them from scalping and price gouging in Asia

 

[Consultant]

I walk by the Fifth Avenue store every morning, and its just getting worse. On Monday and Tuesday mornings, which were both cold mornings, there were probably 200 to 300 people lined up, with probably 98% part of the reselling scam. This morning, when it was not only cold but raining as well, there were at least twice as many people, with the line going down Fifth to 58th, across to Madison, back up to 59th, and then ACROSS THE STREET to continue up Madison towards 60th. And, yet again, probably 98% there for the reselling scam.

Needs photo...

 

[ctyhntr]

That would make too much sense. Manufactured scarcity helps fuel demand.

Maybe Apple should first sell their products in China, Russia and India. Then the US. Problem solved. /snark.

 

[Blorzoga]

It's called capitalism

There's absolutely nothing wrong with what they're doing. If there is a market for it then peole will make money. It's not like theyre forcing people out of line.

 

[Blorzoga]

It's illegal if you are scalping and price gouging in New York State. Dosen't stop them from scalping and price gouging in Asia

What is illegal about buying something an selling it for more to make a profit?
Some people feel they're entitled to own an ipad. If that's so, then order on line or get up early and wait in line for one.

 

[puckhead193]

That would piss me off a lot. I went to apple to get new headphones and a women has been in everyday since launch day to get one and has become friendly with the staff. I feel bad for her. Apple or law informant better do something because having all that product and cash just sitting there is asking for trouble.