Video: How iPhone terminals are sold on the gray market in China

[youtube]http://www.youtube.com/watch?v=zeJuEga4RZ4[/youtube]

In the clip above we have it your presence a typical day in the life of one of the biggest "grandfathers" of the gray market in China. He collects smartphones from various people who buy them from Apple stores, pays them higher prices than the basic price and sells them at even higher prices on auction sites in China. In the film we presented a transaction for 30 iPhone terminals that cost him $25.000 but which will come at a much higher price. In China, this practice is quite common and many people buy iDevices from Apple stores, which they then sell to people like the one in the picture, who of course resell them at much higher prices.

This is how things are done in China, that's why hundreds of people wait in line in front of Apple stores and the company will do absolutely nothing to stop such practices.