Anyone remember back in the day when there was a camp day for the new iPhones, there would be these hardcore Apple fans, teenagers, etc? Now they're all Chinese people (I myself am Chinese) profiting off the iPhone. My Chinese friends that bought an iPhone 6+ sold both his for $1600 profit in total

I remember back in the day I would glimpse at the lineup and look at everyone lining up and be like, "wow... they're all desperate for the new iPhone?" but now as I glimpse past the line, I see all these asian people and say to myself, "damn, how much money are they going to make..".

I don't want to sound bitter (because all my asian friends are doing this, asked me to do it with them), but there is no way I'm lining up 2 hours for $1600 profit. I'm super impatient. Especially since you can only buy 2 iPhones max.

One of my friend's mom, auntie, daughter, and him lined up and all bought 2 iPhones each. I know some are selling for minimum $400 profit per phone, more if you are willing to hold.

Some comments

I don't get how this works? They buy at the regular price and then sell it more expensive?

Yep. Like I said above, my classmate bought it for $900 and he sold it for $1700.

I know they easily run for $400-500 profit per phone, depends how desperate they are. And if you watched the video, some are going for $3000 profit overseas since China won't be getting the iPhone 6 til 3 months later.

Ridiculous and desperate, those people need a ****ing job. Apple should make policies that don't allow you to buy more than 5 phones per time.

They did. You are only allowed to buy two at a time to stop people from re-selling. But - like in the video - the people are bringing their mom, dads, uncles, aunties, cousins, and all buying two iPhones (the maximum) and when asked why are they buying so many, they just say it's for they're gifts.

so when is the next batch of sales coming? around black Friday?

I kind of want to go again. I'm debating if I should bring the thread a month earlier.