And I am not GREEDY at all! I have been giving to charities every single month for several years, even when I was incredibly poor. You people know NOTHING about me to say things like that.
SUPPLY AND DEMAND people!!!! Get a brain! How dare you call me greedy... You do not know who I am or what I am doing with the money I make.
- 10-01-2011, 01:44 AM #27
If I came late, it would be too bad for me, too!
- 10-01-2011, 04:09 AM #30
- 10-01-2011, 04:48 AM #32
I have no problem with those that sell on E-Bay or elsewhere in the manner described here. If you list a iPhone 5 for $1K or $2K and someone purchases it knowing that the retail is $600 - $700 that is their choice. As long as the item is as described (unopened, never activated, etc.) the transaction is totally fair. The seller risks his or her cash to purchase the item and runs the risk of being able to sell at a profit. What if Apple has a ample supply of the iPhone 5's next week due manufacturing to accommodate the late launch date and close proximity to the Christmas selling season? Jellotime 91 would have invested $3,500 for 5 iPhones, the cost of selling on E-bay, etc. and may not make any real profit. All about risk & reward IMO. I remember back 30+ years ago the Christmas that the Cabbage Patch Dolls were hot & scarce. People were paying $150 for a $20 toy or 7.5 times retail. In those same terms a iPhone 5 would go for $5K today.
What floors me is those that would actually pay $2K for a phone that they could get for $700 (or $200 if a new activation or upgrade) just to have the latest phone now. It is not like there will not be orders fulfilled in a 4-6 week time frame.
People have always profited from supply and demand; it is the nature of business.
- 10-01-2011, 07:22 AM #33