Reselling Apple Products on Launch Day: "This whole game is over"

last week, reported on long return lines @ apple's 5th avenue retail store filled chinese ipad resellers. resellers try buy many ipads possible on launch day turn around , sell them profit. according our report many of these resellers returning ipads individuals returning 30 devices @ 1 time. speculated reason returns due adequate launch supply of new ipads apple.




reuters dug deeper , found these resellers having trouble making profit on apple's recent launch, despite healthy demand product in china.

reuters reports of new pressure comes chinese custom authorities have told shipping companies stop accepting ipad shipment orders. meanwhile, ipad has been added list of taxable items entering china. end result has been tighter margins in past.

quote

an electronics dealer in oakland, california, said struggled break year, far cry previous ipad releases when shipped upwards of 1,000 tablets , pocketed profits of $50 $100 per device sent buyer in hong kong.

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the other major factor seems abundance of supply , simultaneous launch in 10 countries including hong kong. result, black market prices new ipad in china has been falling.

1 dealer said "this whole game over", due overabundance of supply, describing market "flooded".

article link: reselling apple products on launch day: "this whole game over"

 

had same problems year. last year buying dozens of ipads day making $500-$1000 per day 2 weeks , year still have inventory , lucky break even.

 

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