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03-25-2012, 07:27 PM #1
Apple's Supply Chain and Chinese Customs Taxes Killing iPad Reselling Market
Picture of an iPad reseller in Hong Kong during the iPad 2 launch. Prices for the 16GB Wi-Fi model reached $1025, while the 64GB 3G reached prices as high as $1525 in resale markets.
Turns out the Apple iDevice resale market is drying up.
The hustle is simple. Resellers buy as many iDevices as they can on launch day in an attempt to capitalize on the high demand and low supply of the products. However, this time around the resellers didnít get help from Apple, as Cupertino met and exceeded consumer demand for the devices.
Reports have surfaced of some resellers returning as many as 30 new iPads at a time to Apple stores. Making matters worse for the resellers and better for everyone else, China is starting to crack down incoming iPad shipments. According to Reuters Chinese custom authorities have added the iPad to a list of taxable items entering China.
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.
Also, Apple appears to have pulled the incredible feat of launching in simultaneously in 10 countries and meeting demand in every single one. The iPad 2 launch by comparison was rife with delays and supply shortages making for a reseller paradise. High supply in the U.S. and other countries, coupled with new Chinese tax policies have all, but dried up the iDevice black market.
Source: Reuters [via MacRumors]
03-25-2012, 07:47 PM #2
Apple new iPad supply already caught up with only 1 week of introduction, it is only logical same thing happening every where else. Supply > demand = bad news for Retail Hustlers.
03-25-2012, 08:12 PM #3
03-25-2012, 09:50 PM #4
Awesome news. Take that you jerks.
03-26-2012, 01:51 AM #5
03-26-2012, 03:32 AM #6
03-26-2012, 05:31 AM #7
It will happen again, its just that this iPad wasn't anything to write home about. Since 07 I have always had a new iDevice on launch day. But this iPad didn't excite me like its predecessors. When apple wow's us with more than just a new processor, screen, and network chip...the high demand will be back and these scum bags will be back to making crazy money.
03-26-2012, 06:36 AM #8
03-26-2012, 06:47 AM #9
03-26-2012, 07:26 AM #10
There are more iPads available this time but I still can't find a dang 32gb wifi-only model! Everyone only has the 16 and 64gb models. I guess if I went to an Apple store they would have one, but I don't feel like driving that far especially when I have Walmart and Best Buy gift cards I can use..
03-26-2012, 12:35 PM #11
I wish I had a miniature elephant that fit in the palm of my hand. I would pick him up and he'd lift up his trunk and stand on his back legs and say PRRRRRRRRRRRRMMMMMMMMMPPPPPPPPPHHHHHHHH and I would say yes little elephant i love you too.
03-26-2012, 02:18 PM #12
No, because the new iPad released into more countries along with U.S.
Apple do this to obscure the sales figures, this may create artificial demand.
With more countries that means wider market of course that would mean there would be more sales at launch, but if you only take U.S. sales for iPad 2 compare with new iPad that may give you different figures.
My guess the sales figures in U.S. alone is down, due to the fact that Apple iPad ship time is back to 1~2 weeks. Supply already caught up to demand within 1 week, compare to iPad 2 takes over a month for supply to catch up (if I remember correctly).
Last edited by unison999; 03-26-2012 at 02:24 PM.
03-27-2012, 06:34 AM #13
03-27-2012, 01:23 PM #14