iPhone 4 Scalpers Force Apple to Shut Down Beijing Flagship Store

The Chinese grey market is a lucrative place to find gadgets, and pretty much anything else. Popular items include high-priced gadgets, like many of Apple’s devices, and it looks like the iPhone 4 hasn’t escaped the attention. All over the world where the newest iPhone is sold, it’s a common practice for customers to buy up a large quantity of the devices, and then send them over to China, where they can be re-sold in the grey market. That practice is going strong, as it was revealed today that Apple was forced to close their flagship Apple store, located in ...

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