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iPhone 4 price gauging begins!

Posted: June 26th, 2010 | Author: Charles West | Filed under: Business, Mobile | Tags: , , , | 2 Comments »

Let’s be honest people when the iPhone 4 finally released we expected for the super trendy device to fly off the shelves of every single store. What is also expected is the hustling that will go on from people purchasing the phone going through the whole activation process with AT&T only to sell it on Ebay or Craigslist. Why? for those of you asking it’s simple, buy a 32gb iPhone for $300 + activation + tax + early termination– equaling somewhere above $600. Then in turn sell it for a ridiculous $900 to $1000 to make a profit of atleast $300.

But their are some of those even daring to sell the phone for $1500! Who will pay that much is beyond me but the people selling it for that price must believe their is a enormous demand for those outside of AT&T (mainly T-Mobile customers) to purchase this phone. Boy, you know technology has come far when you can sell a phone for the same price of a really decent used car.

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  • http://www.ladyumbrella.com LadyUmbrella

    That is a lot of money for a phone…Why don’t the powers sell them unlocked for a bit more money and then provide a service that customers will want to choose..never mind trying to lock people in to something that may irk them, give them a choice but make sure what you are offering is the best they can get…How much better would that make phone networks like?

    • http://thetrendaholic.com Charles West

      Amen to EVERYTHING you just said… :-D