Retailers who bought iPhone 14 smartphones from early Apple Store visitors with overpaying suffered heavy losses. The fact is that margins on the latest “apple” devices have dropped pretty quickly.
Details
Sales of the iPhone 14 began in China on September 16. Almost immediately, retailers appeared in Apple-branded stores, selling new Apple smartphones straight from the suitcases on the street. On Friday, the markup for the 1TB Flash Pro Max was $ 600. In the evening, it dropped to USD 320. The markup for a regular “plug” has dropped to $ 125. Prices continued to decline on Saturday. For this reason, many speculators remained in the red.
According to the Chinese online publication MyDrivers, the Pro Max model in dark purple colors turned out to be the most popular in the Chinese market. According to speculators, their financial losses are measured in the tens of thousands of dollars. None of them expected such a trick from Apple.
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