Wednesday, March 14, 2012

In China, once-thriving Apple scalpers are struggling

Smugglers and unofficial resellers of iPhones prospered when supplies were tight, but now, with the smartphone in abundance, they find fewer takers and lower profits.

Brusque with a 2-day-old stubble and a cigarette dangling from his lip, Zhao Xin is the last guy you'd want waiting on you at the Apple store Genius Bar. But if you need to get your hands on a genuine iPhone immediately, Zhao is your man.


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