Saturday, March 12, 2011

Markets in Everything: #1 Spot in Line for iPad 2

Mashable -- "College student Amanda Foote has turned the die-hard techie tradition of waiting hours, sometimes days, to be the first to purchase a new Apple product into a lucrative odd job. After nearly 41 hours of waiting in line for the iPad 2 release at Apple’s flagship store in New York, she sold her #1 spot for $900.

Foote sat through an entire day of rain, had a stranger help himself to a box of doughnuts she was eating, and slept a total of 3 hours and 10 minutes in the time between when she got in line at 5 p.m. Wednesday and when she left it at 9:00 a.m. Friday. She plans to buy tickets to a Lady Gaga concert with the cash that she earned.

The buyer, app developer Hazem Sayed, says he is planning on leaving for a business trip Friday evening and wants to have an iPad 2 (which starts at $499) with him."

MP: On eBay, an auction for an iPad 2  just ended at a price of $1,525 with 10 bids. Hey, isn't that "Apple scalping?"


At 3/12/2011 11:03 AM, Anonymous Anonymous said...

Of course, one has to ask: lady gaga tickets go for 900?

when cream got back together in 2005, that would be worth the 900 bucks. BUT OMG LADY GAGA IS SO SHOCKING

At 3/12/2011 11:29 AM, Blogger Cyril Morong said...

Maybe Apple should just charge a highe price for the first day or two. And they could donate the extra money to charity if anyone complains.

At 3/12/2011 12:42 PM, Blogger juandos said...

" And they could donate the extra money to charity if anyone complains"...

You mean the shareholders, right?

At 3/12/2011 1:38 PM, Blogger Cyril Morong said...

They could do that or some other charity. That might bring them some great PR. But I agree, it would be best for Apple to do what ever it wants with the money.

At 3/12/2011 11:00 PM, Blogger Don Culo said...

AT first I thought, what a clever way to earn extra money, but she is wasting the $900.00 on Lady Gag-Gag concert tickets.

There are markets in everything, including bad taste in music.


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