LOS ANGELES — Here’s a good way to make a fast buck: stand on line for hours at an Apple Store, choose up two new iPhones X’s, then bounce onto eBay or Craigslist, mark them up and await the income to pour in.
The concept is busy one who would not wish to wait on line will spend the additional cash, simply to get ahold of the brand new iPhone now.
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The new iPhone X begins at $999, however “I’ve seen prices like $2,000,” on websites like eBay, Jeoung An advised us Friday, after placing in a number of hours on the Apple Store line at a neighborhood shopping center. He deliberate to purchase two models and lift sufficient cash to purchase a 15-inch MacBook Pro, which begins at $2,400.
In truth, costs on re-sale websites are all around the map, as little as $1,450 for opening bid costs on eBay, to as excessive as $6, 710, for each the entry stage mannequin with 64 GB of storage, and the 256 GB editions.
An inventory for a brand new iPhone X for $6,710 on eBay. The telephones price $999 new
That doesn’t suggest the re-sellers will get these costs, however on eBay not less than, there are not any fashions listed at common costs.
Sellers are hoping to draw clients who could not spend the time to attend in line and did not wish to await an internet order to ship the telephone to their doorstep. On Friday, anticipated wait occasions for iPhone X was three to 4 weeks.
On the Letgo app, which seems to tackle Craigslist with a extra cellular pleasant interface, costs for the iPhone X are simply as steep, with a number of fashions for $1,200, $1450 and even $5,00zero.
David Azed was on the Westfield Century City mall Friday hoping to purchase two iPhone X fashions for re-sale, which might be part of the opposite mannequin he bought within the preliminary pre-order final week.
He owns an iPhone 6S from 2015 and sees no motive to improve. “I’ll buy a new phone next year.” For now, it is about elevating fast cash.
“I think Apple intentionally made demand scarce,” he says. “To build hype. It’s probably a smart thing to do.”
With 400 folks becoming a member of him on the road Friday, he could also be onto one thing.
Follow USA TODAY’s Jefferson Graham on Twitter, @jeffersongraham
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