News
Apple canceling iPhone 4 orders in Hong Kong
By Charles Starrett
Contributing Editor
Published: Thursday, October 7, 2010
News Categories: Apple, iPhone
Apple has been canceling a number of iPhone 4 orders placed with the Apple Online Store in Hong Kong, according to MIC Gadget. While Apple’s cancelation emails state that the customer has exceeded the limit of units any single person is allowed to order, the report claims that some customers were not over the quantity limit, and that the cancelations did not appear to be related to stock shortages. Instead, MIC Gadget suggests that Apple is canceling the orders in the wake of last week’s incident in Beijing, where the company had to close one of its flagship stores due to a large group of scalpers attempting to purchase large quantities of iPhone 4 units to sell on the gray market, and is trying further to keep the phones out of the hands of scalpers. Interestingly, the report notes that the selling price of an iPhone 4 on the Hong Kong grey market has actually risen since news of the order cancellations broke, giving scalpers greater incentive to get their hands on iPhone 4 units.
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1
Yes, I hear there has been a spike in prices due to mainland demand because of supply shortages (ironically, not especially surprisingly) with the mainland launch. Not really surprised some innocent buyers were confused with scalpers in such a situation.
Posted by ypocaramel on October 10, 2010 at 12:20 AM (PST)