IPad 2s sell for double the price in Hong Kong-Wall Street Journal (blog)

With no release date set for the iPad 2 in Hong Kong, the devices have reached close to $ 15,000 Hong Kong dollars (US $ 1,924) of the city of grey market — more than double what they are retailing in the US

BloombergA white iPad 2

Shops have paid couriers in the US, the only market where the iPad is currently 2, sold to buy as many iPads as they can with them before flying back to Hong Kong.

In the store, as in Sin Tat Plaza were the new iPads on sale for HK $ 6800-HK $ 14,800, depending on the storage and connectivity. In the u.s., the devices retail for US $ 499-$ 829. As sold 40-50 of the new iPads on Sunday, shopkeeper Alex Kei said. Monday night had the store 10 iPads left. But he said that the sale of the original iPad, which at the same price points were established, flew from shelves faster last year.

A Hong Kong, another store in Sin Tat Plaza, said it sold about 100 iPads Sunday and Monday, another 100 charge HK $ 6800-HK $ 13, 000. Like most shops in the shopping centre, iPads are the white commander of a premium. For the top-end model are the white iPads HK $ 2000 more than comparable black units on a Hong Kong. (Black and white models for the same specifications not differences in prices in the USA)

In men Show digital Telecom, was shopkeeper jealousy Kwok large boxes that are filled with iPad 2s extract.

"There is no more room here," said Mr. Kwok, crowded shelves. The store had Monday night after the sale of about 30 devices Sunday close to 100 iPads in stock.

On Thursday, the day before the iPad 2 field on the sales in the us went, men Show had put the prices at HK $ 6,000-HK $ 11,000 — with customers dropping a 50% deposit. But after the first day of the sale, the store raised his prices to HK $ 7,250 for the basic model and HK $ 12,000 for the top-end 64 GB model with wireless and third generation wireless.

"Hong Kong not have iPads, and people here are money," said Mr. Shum of the premium. His shop expects to receive about 50 more devices every day for about a week.

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