Tuesday, July 27, 2010

ePathChina News: iPhone 4 Selling At Crazy Price In Hong Kong


iPhone 4 is available in Hong Kong right now. The gray market is selling it at a much higher price than we thought. It costs $11000-12000 HKD (about $1480) for 16GB version, and $13000 HKD (about $1670) for 32GB. No kidding, some Apple fanboys are still willing to pay at this ridiculous price…

These are contract free prices, and there are locked or unlocked models to choose from. Unlocked models are imported from UK while locked models are from the United States. The gray market received the iPhone 4 this morning (GMT+08:00), and starts to put the phones on shelves in stores. Sadly, these new iPhones are reserved for pre-ordered customers, and they are distributed completely by the end of the day. So, you can’t get it even though you are willing to pay in cash or at a higher price. More stocks will arrive for the next coming days and customers can buy it if they have prepared the money.

Actually, the first batch was all 32GB unlocked models from UK pricing at $14800 HKD (about $1900), only 10 sets available, and all has been reserved by those early birds, no chance for any walk-in customers. We need to remind you that the man you seeing in the front picture we posted, he’s the guy who sold hundreds of iPads in the gray market and made a big fortune out of those crazy marked-up price tags. Without any surprises, he’s also the first guy to sell iPhone 4 today. So, just look for him when you are in the gray market of Hong Kong, located at Mong Kok, the Sin Tak Arcade.