48 hours of standing in line to make good money

Sep 21, 2014 22:01 GMT  ·  By

We have already seen how the iPhone 6 and iPhone 6 Plus are going up on eBay at ridiculous prices. The problem for those sellers is that nobody is going to get an $8,000 (€6,211.10) phone off eBay. Not even the cheaper $5,000 (€3,881.94) or the $3,000 (€2,329.16) will see too many bidders, if any. 

However, the iPhone business seems to be booming in China. A story published by Bloomberg covers the iPhone Black market. Just because Apple has delayed the first stock in China, it doesn't mean the wealthy Chinese people cannot get their hands on a brand new iPhone 6. But the devices will come for a hefty price.

Gold is big in Asia, so a gold-colored iPhone 6 will sell in there for $3,600 (€2,795). The cheapest one will sell for double the regular price. Sell a few of these in the first week and you can even buy yourself a two-way ticket to the nearest Apple Store in the United States.

No wonder the first people in line for an iPhone are mostly poor people that can surprisingly afford expensive iPhone. Somebody shot this video in New York. The first one in line was a 70-year old lady that didn't even speak English. The footage is fascinating.