Has anyone ever seen any iPhones in Hong kong? Before it was the destination to purchase an unlocked iPhone for use anywhere in the world. But it looks like for iPhone 5, nobody is buying it. Everyone is simply selling to the retailers, who are hoarding them to sell at higher price. (purposely for market price skewing). iPhone 5's are now on average $300+ higher. It is so odd, NOBODY in the tiny Hong Kong carries an iPhone 5. Everyone there knows you can make a quick buck selling to the retailers. While they sucker the international buyers. In fact, it is doing the opposite of iPhone attraction for the first time. It is iPhone profit. You don't buy an iPhone to keep it, but to get rid of it for a quick buck. It is not seen as a status symbol, it is now seen as someone to get rid of to make a profit! I don't know how this will reflect later on, but it seems to have had a weird motivation for people to not consider buying it at all! Everyone knows it is stupid to buy something so expensive just for the retailers to make a quick buck. However, I see lots of people carrying Note 2 and galaxy 3. As they know these phones are not purposely jacked up in price, and you can get a good deal for the technology. I don't know if this trend is good or not. I think it actually affects it badly. People don't see them in the street, so people think it is not popular. And there is less free marketing of the product. Retailers hoard them, and only let out a few at a time to keep prices high, arbitrarily keeping the number of iPhones sold at a minimum, which in the end lets Apple make less money because of less phone sold. This is a weird market.