With streaming platforms, next-gen gaming, and hybrid lifestyles reshaping how we consume entertainment, the humble TV is slowly being overtaken by a bigger player:…
iPhone 4S grey market booming in Hong Kong
Hong Kong’s iPhone 4S fans eagerly snapped up Apple’s latest smartphone offering this weekend, with some paying six times the phone’s retail value.
Dealers had managed to secure grey imports of the much-anticipated Apple product, as the iPhone 4S is not yet on sale in Hong Kong. Apple released the iPhone 4S in seven countries across the globe. Hong Kong dealers, therefore, had to snag models from countries such as Japan and Australia.
The imported iPhone 4S’ retail from between HK$10 000 and HK$12 000 or US$1 300 to US$1 500 on the grey market. In the US, the standard retail price is from US$200 to US$400 with a mandatory two-year contract.
