The Apple Watch, the introductory product from the company’s first new hardware category since Steve Jobs passed away, sold out almost immediately after the pre-orders went online on April 10. Apple Stores around the world won’t be stocking the timepiece until June, so if you want to get your hands (or wrist) on one, your best bet is to hit the streets. The streets of Hong Kong, that is.
On a recent trip to Asia’s world city, we saw several hawkers outside of Sin Tat Plaza (aka Sincere Podium) in Mong Kok selling the 38cm Apple Watch Sport edition for as much as HK$5,500 (roughly P32,000), inflating the price to twice of its retail value. “Kinder” merchants inside the building offered it at a huge discount: as low as HK$4,500 (P26,000) for the white variant. The middle-of-the-pack, stainless-steel Apple Watch with a black sport band was priced between HK$5,700 and HK$5,900 (P33,000 and P34,000). Slightly more palatable yet still ludicrous, we know. So much for being sincere, Sincere Podium.
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You can buy the Apple Watch on the streets of Hong Kong, but it will cost you at least P26,000.
It goes without saying that it’s probably in your best interest to wait until Apple ramps up production for its smartwatch. Unless, of course, money is no object to you, and you don’t mind digging deep in your pockets for something in very, very short supply.
RAMON LOPEZ’S TAKE: Do I want an Apple Watch? Yes! Do I want to pony up the equivalent of two Apple Watches for one watch with a rubber strap in dirt-magnet white? Um, no.
People taking advantage of Apple’s supply-chain problems is a given. We’ve seen it before, and we’ll see it again later this year when Apple releases the next iPhone.
But seriously, I don’t think I need to elaborate further. People taking advantage of Apple’s supply-chain problems is pretty much a given. We’ve seen it before, and we’ll see it again later this year when Apple releases the next iPhone. But hey, at least now you have a good a reason as any to skip the Apple Watch at launch.