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AAPL Stock: 562.29 ( -3.03 )

Apple founding member of new consortium

updated 03:30 pm EDT, Wed September 5, 2001


Apple, alongisde Hewlett-Packard, 3Com, and Xerox, has helped to found the Anti-Gray Market Alliance (AGMA), with the mission of "assuring customers greater product satisfaction, educating the marketplace about the illegal or deceptive brokering or diversion of products, and to address the unauthorized flow of products to the gray market." The "gray market" involves the unauthorized transfer of brand name computer products. In Apple's case, gray market resellers are often able to undercut prices offered by authorized resellers by re-packaging systems meant for distribution in other countries or otherwise subverting Apple's traditional resale lineage.


by MacNN Staff

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  1. unsquared

    Fresh-Faced Recruit

    Joined: Aug 2001

    0

    hhmmmm...

    I would never knowingly buy grey market products but having to pay the middle man sucks too. Such an ingrained system but it is no good for the customer's pocketbook.

  1. zulfikarn

    Fresh-Faced Recruit

    Joined: Sep 2000

    0

    so?

    I don' t understand what the problem is. Apple gets money for their product, and you get a system cheaper. And I believe the warranties are still valid.

    If "grey marketeers" can get products across the borders cheaper than Apple can, surely they are increasing apple's market share and presence.

    after all you don't think Apple would willingly make their products more expensive in smaller markets do you?

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