GoKawiilScalpers pay $448 premium for Apple's iPhone Duo at Beijing launch
Apple launched its first foldable phone, the iPhone Duo, globally on Friday, with scalpers outside the Sanlitun flagship store in Beijing offering buyers roughly 3,000 yuan ($448) above retail price for their newly purchased units. One scalper, Alex Wang, said he expects to resell the devices at a markup for about two weeks due to limited supply. Customers, including one who arrived at 6 a.m. to join a line of about 100 people, said they were eager for Apple to finally enter the foldable category.
GoKawiil's interpretation of the reporting above, not reported fact.
The scalper activity suggests strong early demand for Apple's foldable debut in China, the world's largest foldable phone market according to Counterpoint Research. Apple has lagged rivals like Samsung and Huawei in foldables, so resale premiums could be read as a signal that pent-up demand from Apple loyalists is translating into real sales momentum, though it remains unclear how long elevated interest will last once supply catches up.
- Apple's iPhone Duo, its first foldable, launched globally on Friday.
- Scalpers in Beijing offered buyers about $448 over retail price due to tight supply.
- China is described as the largest market globally for foldable phones, per Counterpoint Research.
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See Apple iPhone Duo Clear Case on Amazon → Affiliate link — we may earn a commission on purchases, at no extra cost to you. Product picked by AI based on this article; it is not a tested recommendation.Source: cnbc.com — Eunice Yoon, 2026-10-23
Published there as: “Scalpers offer Apple iPhone Duo buyers hundreds extra outside Beijing launch”
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