Another interesting read from 3 years ago thats kind of similar https://www.wired.com/2014/12/where-stolen-smart-phones-go/
I feel sorry for the orginial receivers of these phones. Bad luck after managing to be an early adopter due to all the ordering challenges.
Apple is probably going to block the stolen serial numbers on the activation servers.
The thieves will end up with 300 paperweights. I wish I could be a fly on the wall when they figure out their stolen booty is worthless!
Shrink wouldn't be that high since it would be based on wholesale rather than retail.$370k worth of shrink. I guess for Apple that isn’t too horrible. But still with the demand that’s bad.
also to scare off third party buyersThat's what I was thinking too. This story will be picked up by various news outlets and people will think because of the massive theft, it must be a must-have gadget. And it being on the news spreads awareness that the new iPhone is out.
If this is real, I do feel bad for whoever ends up buying these stolen goods, but at the same time, they should know better and buy directly from the source. I buy direct for peace of mind that it's not counterfeit or stolen.
I doubt the thief gets anywhere near that; it's more likely someone will buy them for pennies on the dollar and sell them on the black market.313 x $999 is a lot of money for a thief (if they manage to sell them all) and that is not including the 256gb model. I guess Apple needs to start their own delivery system.
Seems mean spirited of Apple to punish their fans who didn’t know any better when they purchased the phone on eBay or wherever.
I think in the end, no one will really take a hit. Once the customer who bought it and tried to unsuccessfully activate it, complains to Apple, Apple will swape it out for them. Apple will then refurbish it and put it back in the system with a new serial number.
If anyone takes a hit, it will probably be UPS, since it was in their possession when stolen. They'll have to pay out insurance to Apple I'd imagine.
What type of shmuck buys an iPhone X out the back of a white Dodge van without realizing they're getting stolen merchandise? Please.Bingo. The thieves will get their cash, but the poor schmucks that buy them will be stuck holding the bag.
You know can track UPS flights. Once it leave Louisville to whatever destination. You'll know when it arrival in your city, so all do it wait after that.
In a previous life in customer service, I dealt with people that did this on a daily basis. Some are just dumb and don't understand the concept of "too good to be true;" others know they are buying stolen goods but think that if they plead ignorance they will be taken care of.What type of shmuck buys an iPhone X out the back of a white Dodge van without realizing they're getting stolen merchandise? Please.
What type of shmuck buys an iPhone X out the back of a white Dodge van without realizing they're getting stolen merchandise? Please.
Exactly my thought.I guess I’m a little more surprised that one Store was getting 300 Xs
I guess I’m a little more surprised that one Store was getting 300 Xs
Easily? Ever tried to sell 300,000 of anything on eBay?These can easily be sold individually on eBay and no one would know where they came from.
I've never heard of Apple deactivating stolen phones. It's something that the police have been bugging them about since the beginning, and AFAIK Apple's never implemented that.