Apple Watch profiteers NOT making a killing on eBay Ping!
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Posted on 04/14/2015 9:01:08 PM PDT by Swordmaker
Sellers are asking extremely high "Buy It Now" prices at eBay to take advantage of strong demand for Apple Watches. But in many cases, consumers aren't biting.
By most accounts, the Apple Watch did a terrific business on the first day customers could place preorders. Apple reportedly received roughly one million orders last Friday, and demand has been so high that orders placed now won’t be delivered until June or even later in the summer.
The first customers who preordered Apple Watches, however, will have their shiny gadgets in hand starting on April 24 or soon thereafter. Part of the draw of being an early adopter is the opportunity to get one’s hands on the newest tech before everyone else, and a certain group of consumers is sure to be too impatient to wait until summer to get their hands on the new Apple Watch.
Naturally, this combination of strong demand and limited short-term supply led Apple Watches to begin appearing for resale on eBay almost as soon as Apple started accepting preorders. As ReCode noted over the weekend, most eBay listings for Apple Watches were of the “Buy It Now” variety, in which sellers post a flat price for the item rather than putting it up for an online auction. We probably shouldn’t be surprised that some sellers appear to be exceptionally opportunistic and greedy, occasionally posting “Buy It Now” prices that are 200% to 600% higher than retail.
(Excerpt) Read more at time.com ...
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My analysis of what is going on is that the eager early adopters are getting their Apple Watches fast enough if slightly delayed. They went ahead and ordered their desired watch and spending more merely to have one a couple of weeks to a month early is just not worth several hundred dollars to them. Sorry profiteers. . . perhaps you should try smuggling them into China. . . but I think you will find the same situation there, as Apple made pre-sales available on the same time schedule in China as well.
I think most folks are like me...we can wait for the normal order processing’s delivery timeframes.
Apple? I eat a few a week, not one one on my wrist. Gala, Granny Smith and Fuji are my favorites.
Try Pink Lady.
Jonathan my favorite my mom loved um
Not only that, but there is no dire need to have an Apple watch. There are no must-do apps that cant be done in any other way.
They don’tdon’t have an app that allows you to stop time? I want my money back.
Hmmm... honeycrisp.
Whoever put that headline on the story either didn’t read it or doesn’t understand how eBay works. “Zero bids” on a “buy it now” sale means it hasn’t sold. If it had gotten one “bid,” it wouldn’t be listed any more.
And I don’t see this as “exceptionally opportunistic and greedy,”as the author does. Someone who lucks into an early ship date flips the watch for 2x retail, then goes back and reorders, and gets it in June for free? Seems pretty clever to me. And if it doesn’t sell, worst case scenario is that you get the watch you wanted in the first place (or try Craigslist).
Hey, you get a watch that allows you to stop time, that's cool, but a watch that lets you go BACK in time, to before you got the watch, now THAT is what I call very cool. 'Cause then you'd have your money AND your watch.
“Not only that, but there is no dire need to have an Apple watch. There are no must-do apps that cant be done in any other way.”
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There are always other ways of doing things. You can do your calculations using an abacus or a slide rule and you can certainly use a typewriter instead of a computer. Freedom of choice. My choice for both is our family’s iMac and our choice for communication is iPhones.
Maybe they will buy them in the shops on Canal Street...
I love Honeycrisp!
It never hurts to do a little research and it turns out that Honeycrisp was designed to have an extra large cell structure. That’s why, when you take a bite of a Honeycrisp, your mouth is immediately filled with juice.
It’s cool!
http://en.wikipedia.org/wiki/Honeycrisp
Excellent point. . . but even the Apple Watches on standard bid auctions are not garnering huge bids. . . but when I went and looked at what was being offered, it was the sellers who were totally unclear on the concept.
Some were offering for sale early arrival watches, but some were offering watches scheduled for JUNE and JULY delivery and had high Buy It Now pricing. . . along with regular bidding. LOL!
They will get no time arbitrage value with a late delivery watch that anyone can pre-order on-line for a similar delivery time at regular retail. SHEESH!
I’m only responding as to why those watches on EBay aren’t selling at a premium like Apples’s Iphones or Ipads would have been.
I wasn’t intending to comment on whether an Iwatch is a necessity at all, because nothing outside of air, food, clothing, and family are really necessities.
Unless you went ahead and bought 20 of them, expecting them to fly.
I believe Apple was limiting purchases to two per buyer. . . but you could come back under another Apple ID and buy two more.
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