Ipad Hong Kong Found On Black Market

Due to the fact that many apple fans cannot wait for the official put out date for iPad Hong Kong

, the tablets have been available to people in Hong Kong at retail shops for a premium.

According to a report on M.I.C Gadget, a blog round life in China, gadgets, and other things, at least one retailer in Hong Kong is importing the iPads from America. The report speculated that hundreds of Chinese students in America bought the iPads, sales of which were limited to 2 per individual in the U.S.

The report said the iPad Hong Kong was selling in retail shops at about twice the U.S. price. A 16 GB model costs about $6,800 Hong Kong Dollars (around $971) for the 16GB model, HKD$7,600 (about $980) for the 32 GB model, and HKD$8,400 (about $1080) for the 64GB model.

M.I.C Gadget also linked to some YouTube videos (chinese.winandmac.com, HKBN bbtv, appledaily.com.hk) about the iPad being sold in Hong Kong. The videos, in Chinese language, depict people purchasing and using the iPad in an electronics shop in Hong Kong.

The same man selling the iPads appears in each of the videos, but he is wearing different clothes in each video, suggesting that hes been selling the iPad for some time. M.I.C Gadget says the boss sells about 50-100 iPads per day.

M.I.C Gadget and Gizmodo called the sales illegal, but neither site made reference to any criminal investigation or said which laws were being broken. Importing products for resale, or buying through indirect channels is a common practice, often called the gray market because the goods are legal (as opposed to a black market, in which illegal goods or services would be traded).

Gray markets exist in the U.S., too. Price-conscious picture taking equipment shoppers know all about it, and camera shops are fine with selling identical imported equipment at a lower price than the American version of the equipment. The side of gray markets demonstrated by the iPad Hong Kong also happens in America: Video game enthusiasts sometimes import Japanese games before their American release.

by: iPad Hong Kong

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