“Furthermore, Apple now simultaneously launches devices in multiple countries, boosting availability and depressing black market prices,” Shih, Gupta and Yee report. “‘It’s getting really hard to do this compared to previous years,’ said Amy, who wore a dyed red streak in her hair, as she trimmed a young man’s ‘faux-hawk’ hair style in the San Francisco area salon.”
Shih, Gupta and Yee report, “An electronics dealer in Oakland, California, said he struggled to break even this year, a far cry from previous iPad releases when he shipped upwards of 1,000 tablets and pocketed profits of $50 to $100 per device sent to his buyer in Hong Kong. This year, he had no choice but to send 250 iPads via FedEx — which quotes $110 to ship a 2-pound tablet to China — hours after they hit U.S. stores. But the same-day launch of the tablet in 10 territories, including Hong Kong, curtailed demand. ‘This whole game is over,’ the dealer complained.”
Read more in the full article here.
[Thanks to MacDailyNews Readers "Dominick P." and "Carl H." for the heads up.]
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