Apple Shuts Flagship Beijing Store As Iphone 4 Scalpers Run Amok Updated
We reported earlier this month on the quaint habit of iPhone purchasing for a profit all across London, as various folk pick up units to send into the lucrative Chinese grey market for the device — today we learn that Apple had to close its Beijing Apple store yesterday because grey market buyers were sucking all the store’s supply. Seems that Apple bumped up the sales limit on iPhone 4 from two to unlimited in Beijing’s flagship store, drawing an immediate huge crowd of eager customers — but these folks were buying iPhones in large quantities to resell on the grey market, which caused such a commotion security eventually shut AAPL’s flagship Chinese store down....