Friday, February 15, 2008

iPhone Reselling Is Its Own Economy


NewsFactor.com has an amazing article that gives a glimpse into the seedy world of iPhone reselling. It makes an interesting study of the current global economy. The iPhone is a case where demand outstrips supply, and whole industries are built around delivering the iPhone to all areas of the globe and making the technology work with the region's wireless infrastructure...all at an inflated price (or not, thanks to the falling worth of the US dollar).

Great quote from the article:
"One reseller admits he got a friend to print business cards and pose as a small business owner so as to dupe an Apple Store manager into letting him buy 100 iPhones for his "employees."

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