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Auctioned iPads sell for as high as $5,500

updated 12:05 pm EDT, Tue April 6, 2010

Prices crash in post-launch wake

The international demand for iPads has, in some cases, seen auction prices reach several times US retail cost, media sources say. One UK buyer is reported to have paid $5,500 to get an iPad, despite the fact that the country will receive native versions of the tablet later this month. Another buyer is said to have snapped up a 64GB iPad for $5,000, under the provision that it would be hand-delivered "anywhere in the world" on April 3rd.

Prices on eBay have since crashed, and at present even the most expensive auction is valued at no more than $900. Markups may in some cases be less than $100 higher than retail, making shipping costs as much of a concern. Some people could be willing to accept the burden given low stock in the US and a wait time for foreign launches that may extend over three weeks.






by MacNN Staff

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Comments

  1. testudo

    Joined: Dec 1969

    +6

    And...

    Just goes to show you the stupidity of some people...

  1. dliup

    Joined: Dec 1969

    +4

    scam

    Ever heard of scams? AKA stolen credit cards?

  1. jdsonice@gmail.com

    Joined: Dec 1969

    +3

    Not worth it

    OK, I love the iPad, it is a great gadget. But for $5500 I could get a reallllly nice Mac. I mean really nice. Whoever paid $5500 for the iPad please adopt me.

  1. davesmall

    Joined: Dec 1969

    0

    Fraudulent buyer

    Whenever you see an item sell for a ridiculously high price on eBay it is most often a fraudulent buyer. Typically the buyer will have zero feedback from prior purchases, live in Malaysia, Russia, or Africa, and want expedited delivery (no matter what the cost). He's also going to want to pay with a credit card (stolen of course and not verifiable because it is international).

    EBay is a great place to sell used computer gear, cameras, cell phones, etc. but you must use some common sense. If you limit to USA buyers, require that they have a reasonable amount of previous feedback, and an account that wasn't opened yesterday, you should be OK. Just be aware that international fraudsters are out there and they prefer items that can easily be resold in their country (like an iPad).

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