Scalpers scalded by gray market iPhones
By Gao Yuan | China Daily | Updated: 2014-10-17 07:18
Official launch cools demand for products smuggled from abroad
Prices of smuggled iPhone 6 and iPhone 6 Plus units plunged in Beijing as Apple Inc and its Chinese partners prepare to deliver authorized handsets on Friday.
Many local scalpers' attempt to profit from the month-long availability delay on the Chinese mainland has proven to be a disastrous investment.
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