iPad Scalpers Buy Out Apple Flagship Store

19 Mar

With sell outs, long lines, and repeatedly pushed-back shipping times, it’s perhaps not surprising that the scalpers are getting into the iPad 2 business in a big way. The tablets are currently selling for exorbitant amounts online, through sites like eBay. Resellers also have plans to sell the things in China.

The New York Post has a piece about the lengths scalpers are going to clean out Apple locations, namely the company’s flagship glass storefront on 59th street. The paper illustrated a scene in which five men walked down a line of roughly 200 people, handing out $100 dollar bills to pick up the electronic gadgets (and keep with Apple’s strict per-person limit).

“The ones we bought today are already on their way to China,” the “ringleader” told the paper. “It’s been pretty crazy.” The iPad 2 can apparently resell for as much as $2,000 a piece–well over double the asking price of the most expensive model.

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