Apple master stroke move to combat grey market sales with ireserve booking
Whenever a new iPhone releases many people look for an opportunity to make case with buying and selling iPhones. For 2 years there has also been the so called "BOT" which automatically orders iphones in seconds.
I am wondering with the new random iReserve booking since the last 2 days, has Apple found a new method to combat this? No more Bot? Also plenty of iPhone 7 stock.
I have noticed since Saturday, there are random iPhone 7 (many 128gb and 256gb - even matte black color) are available for pre-order. The stock availability after the first day pre-order still shows 2 to 3 days delivery. This means Apple has alot of stock of iPhone 7 (not the plus).
So buying the iPhone 7 may not fetch a good resale profit. Unless you happen to get hold of the Jet black which I believe will probably give $1000 to $2000 profit for the small model on day 1 and about $3000 to $4000 profit for the iPHone 7 Plus Jet black.
So the goal is to find Jet Black models to make money.
I had 2 iPhone 7 Black 128gb on pre-order which I have cancelled last night.
If you order the iPhone 7 black 128gb even today, it will delivery in 2 to 3 weeks.
According to some reliable sources, iPhone 7 stock is not a problem. It is only the iPhone 7 plus which is in shorter supply and the jet black models.
So if you want to make money, buy the iPhone 7 Plus 128gb and jetback models. After day 1, the resale value of the iPhone 7 may be hardly anything.
I have 2 iPhone 7 Plus Jet black models (128gb and 256gb) on pre-order from SmarTone through Red Pass. I should get it on day one provided they have stock. I am confused if I should sell both or keep one. I can still order 2 more but wondering if it is worth signing a new contract just to get the phones. That all depends on the resale value of the Jet Black on launch day.