Apple Adopts Lottery System For iPhone 5 Sales In Hong Kong

Summary: Scalpers are reselling iPhone 5 up to US$1,550 per set due to scarce supply in the city.

The apple company has revoked network marketing of the new iPhone 5 in Hong Kong, selecting again to look at a sweepstakes arranging program which needs customers to deliver programs online a day prior the buy time frame.

Only those who have obtained a verification e-mail will be able to buy up to two places of iPhone 5 at  The apple company shops in Hong Kong.

A similar strategy was implemented by The apple company for the revenue of Apple's new iPad in the first half this year, which is considered to fight a huge variety of scalpers looking to re-sell these devices to landmass Chinese suppliers for earnings.

Due to the sweepstakes program, local review said the variety of lovers lining up outside the The apple company shop in Hong Kong was restricted on Saturday when iPhone 5 was formally released in the town.

However, the rare provide drawn up the prices of iPhone 5 in the subterranean industry in Hong Kong. Reviews said scalpers bought the new iPhone 16G--which is cost HK$5,588 (US$721) in the The apple company retail shop store--for HK$8,000 (US$1,032) from those who prevailed in buying one through the sweepstakes program. The scalpers will then re-sell the device between HK$8,500 (US$1,096) and HK$12,000 (US$1,548).

The Chinese suppliers industry was not on the list of the first-batch of iPhone 5 revenue. However, Chinese suppliers cartels indicated in the reports that by the night of Saturday, people in Chinese suppliers will also be able to buy iPhone in the subterranean industry, but at an even more expensive.
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