M.I.C. gadget points to a report from the ePrice forums indicating that grey market vendors in Hong Kong have already managed to obtain limited stocks of the iPhone 5 and have begun selling them starting at the equivalent of about $1100. Apple's retail price will start at roughly $720 when sales officially begin on Friday.
The report names the seller as "Mr. Lo", who has a history of selling Apple products prior to their official launches at significant markups.
When Lo was asked about the sales of the iPhone 5, whether there would be a demand for it, he said the stock for the iPhone 5 is quite tight, so he thinks it will be alright to re-sell the phone for a hefty markup, at least for the first two weeks. What’s more, he has prepared “secret” couriers in U.S. and Europe to hop on planes to Hong Kong after securing about hundreds of iPhone 5s. Right now Lo has already received 100-200 orders from mainland China customers before the iPhone 5 goes on sale in Hong Kong’s Apple retail store.
Lo is also said to have a standing offer to purchase sealed iPhone 5 units from customers at a premium of roughly $200 over their purchase price, as he expects to continue selling the devices at even higher prices due to tight initial supplies.
Hong Kong has been a popular point of entry for grey market iPhones headed to China, where the devices have launched at much later dates than in other countries around the world. These Chinese and Hong Kong grey markets are also fueled by purchases in the United States and other countries that are shipped back to meet demand in Asia, although Apple has instituted purchase limits and delays in launching unlocked versions in the United States in order to help combat this issue.
Hong Kong is part of the first round of launches for the iPhone 5 on Friday, but Apple is not taking online pre-orders at the moment and is advising customer that in-store sales will begin at the standard 8:00 am launch time on Friday.
Thursday March 20, 2025 12:01 am PDT by Joe Rossignol
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The new perk is the ability to create invitations in the Apple Invites app for the iPhone, which launched in the App Store last month.
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Wednesday March 19, 2025 6:55 am PDT by Joe Rossignol
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While the first iOS 19 beta is still more than two months away, there are already plenty of rumors about the upcoming software update.
Below, we recap the key iOS 19 rumors so far.
visionOS-Like Design
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According to Front Page Tech host Jon Prosser, the Camera app...
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Is Apple experiencing a "Vista-like drift into systemically poor execution?"
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Wednesday March 19, 2025 5:29 am PDT by Tim Hardwick
Serial leaker Sonny Dickson today shared an image of what he claims is a first look at a third-party case for Apple's iPhone 17 Air. "If you didn’t know an Air was coming, you'd swear it was a Google Pixel case," he said.
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Seasoned leaker Sonny Dickson has shared more dummy models of Apple's upcoming iPhone 17 series, with the latest lot revealing a noticeable shift in Apple's iPhone Pro model design that goes beyond the much-talked-about new rear camera bar.
Dickson points out that the iPhone 17 Pro dummy models feature an outlined area on the back, beginning just below the camera module and extending to the...
While the iPhone 18 Pro models are still around a year and a half away from launching, there are already some early rumors about the devices.
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Under-Screen Face ID
In April 2023, display industry analyst Ross Young shared a roadmap showing that iPhone 17 Pro models would feature under-display Face ID. In May 2024, however, Young said ...
Wednesday March 19, 2025 10:26 am PDT by Joe Rossignol
The European Commission today announced a long list of changes that Apple is legally required to implement in future iOS 19 and iOS 20 updates.
The announcement clarifies interoperability requirements that Apple is required to adhere to in the EU, under the Digital Markets Act, which has been fully enforced since March 2024. The changes will further open up the iPhone and its technologies to ...
Tuesday March 18, 2025 9:13 am PDT by Tim Hardwick
Despite being released over two years ago, Apple's AirPods Pro 2 continue to dominate the wireless earbud market. However, with the AirPods Pro 3 expected to launch in 2025, anyone thinking of buying Apple's premium earbuds may be wondering if the next generation is worth holding out for.
Apart from their audio and noise-canceling performance, which are generally regarded as excellent for...
Who sells the iphones to him in the first place? Apple should able to track it down with the serial numbers easily... I hate these kind of people, dont tell me free-market bs please.