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.
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.
Thursday December 1, 2022 4:37 pm PST by Juli Clover
With the launch of iOS 16.1, Apple rolled out a Emergency SOS via Satellite, which is designed to allow iPhone 14 owners to contact emergency services using satellite connectivity when no cellular or WiFi connection is available. The feature was put to the test in Alaska today, when a man became stranded in a rural area. In the early hours of the morning on December 1, Alaska State Troopers ...
Thursday December 1, 2022 8:44 am PST by Joe Rossignol
Apple plans to publicly release iOS 16.2 for the iPhone in mid-December, according to Bloomberg's Mark Gurman. The update remains in beta testing for now, with at least eight new features and changes already uncovered so far.
iOS 16.2 introduces a number of new features, including Apple's new whiteboard app Freeform, two new Lock Screen widgets for Sleep and Medications, the ability to hide...
Wednesday November 30, 2022 10:09 am PST by Juli Clover
Apple today released iOS 16.1.2, another minor bug fix update that comes one week after the release of iOS 16.1.1 and three weeks after the launch of iOS 16.1, an update that added support for iCloud Shared Photo Library, Matter, Live Activities, and more.
The iOS 16.1.2 update can be downloaded on eligible iPhones over-the-air by going to Settings > General > Software Update.
According...
Thursday December 1, 2022 10:48 am PST by Joe Rossignol
Do-it-yourself repair website iFixit today shared a video teardown of Apple's new 10th-generation iPad, providing a closer look inside the tablet and revealing why the device lacks support for the second-generation Apple Pencil.
The teardown reveals the internal layout of the iPad, including its two-cell 7,606 mAh battery, logic board with the A14 Bionic chip, and more.
As suspected, the...
Friday December 2, 2022 2:13 pm PST by Juli Clover
Apple in late October began testing iOS 16.2 and iPadOS 16.2 updates, providing betas to both developers and public beta testers. As of now, we've had four total betas, with the fourth beta having been released earlier this week. iOS 16.2 and iPadOS 16.2 are expected before the end of the year, and we thought we'd try to narrow down the launch timeline.
With only four betas released since...
The next-generation MacBook Pro models could feature faster RAM, according to a recent report from a reliable source.
MacRumors Forums member "Amethyst," who accurately revealed details about the Mac Studio and Studio Display before those products were announced, recently provided information about Apple's upcoming 14- and 16-inch MacBook Pro models. The new machines are expected to feature...
Thursday December 1, 2022 7:12 am PST by Joe Rossignol
The calendar has turned to December and that means Apple has only one month left to fulfill its promises of releasing an Apple Music Classical app and expanding its self-service repair program to Europe before the end of 2022. Delays are always possible, of course, so the plans could be pushed back to 2023. In any case, we have put together a list of five things that Apple still has to release...
Thursday December 1, 2022 10:16 am PST by Juli Clover
Apple today seeded the fourth betas of upcoming iOS 16.2 and iPadOS 16.2 updates to developers for testing purposes, with the betas coming two weeks after Apple seeded the third betas of iOS 16.2 and iPadOS 16.2.
Registered developers are able to download the iOS 16.2 and iPadOS 16.2 profiles from the Apple Developer Center, and once installed, the beta is available over the air.
iOS...
Saturday December 3, 2022 10:23 am PST by Joe Rossignol
iPhone 12 Pro and Pro Max, iPhone 13 Pro and Pro Max, and iPhone 14 Pro and Pro Max models feature a LiDAR Scanner next to the rear camera that can be used to measure a person's height instantly in Apple's preinstalled Measure app.
To measure a person's height, simply open the Measure app, point your iPhone at the person you want to measure, and make sure they are visible on the screen from...
Thursday December 1, 2022 12:57 pm PST by Juli Clover
Apple has decided to call the software that will run on its upcoming AR/VR headset "xrOS," an update from the original "RealityOS or "rOS" naming the company was planning on, according to Bloomberg. Render created by Ian Zelbo based on rumored information The name change comes as Apple begins to prepare for the launch of the headset, which is expected at some point in 2023. The headset will...
Top Rated Comments
i see so many copycat hollister/abercrombie shirts in east asia.
and those brands were 'trendy' 6+ years ago!
I'm grey, and I consider this racist.