Apple IPad Listings on EBay Surge Amid Foreign Demand

[Joanne98]

Source: Bloomberg

April 5 (Bloomberg) -- Apple Inc. iPad listings on EBay Inc.’s Web site surged fivefold over the past week as early purchasers targeted foreign consumers who can’t yet get the tablet-style computer at home.

The number of iPads on the e-commerce site rose to 2,600 in the week ended April 3, the day the product reached U.S. stores, San Jose, California-based EBay said today in an e-mail. Resellers who had pre-ordered the device from Apple began listing the iPad on EBay before it went on sale.

One purchaser from the U.K. paid $5,500, more than 10 times the $499 asking price for the least-expensive iPad, EBay said. Almost 80 percent of iPad purchases on EBay came from outside the U.S., a sign of burgeoning international demand for a product Apple plans to introduce overseas later this month.

“This happens with nearly any hot product,” said Carl Howe, an analyst at Boston-based Yankee Group. “Some people buy up copies and try to sell them on EBay to make a profit. There were iPhones going for $2,000 when they first came out.”



Read more: http://www.businessweek.com/news/2010-04-05/apple-ipad-listings-on-ebay-surge-fivefold-amid-foreign-demand.html

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http://shop.ebay.com/?_from=R40&_trksid=p3984.m38.l1313&_nkw=Ipad&_sacat=See-All-Categories

DAMN!

[nadinbrzezinski]

1. 5500 dollars? THAT IS NUTS

[Posteritatis]

4. Well, it *is* mainly a status symbol, so I can see people forking out that much to brag. (nt)

[Bette Noir]

2. I might buy one on eBay in a couple of months, when they're $200.

[Tesha]

3. Than again, you might not. Funny how those "mights" work. (NT)

[nadinbrzezinski]

5. Make sure they are not ahem fallen from a truck

some stories involving IPODs on that.

[high density]

6. Best use for an ipad

http://www.youtube.com/watch?v=lAl28d6tbko