Chinese iPhone 14 scalpers are apparently struggling to recover their investment as they are forced to sell the handheld for less than the MSRP.
Like it or not, scalpers are an integral part of the free market, and there is little anyone can do about them. Whether it’s the Playstation 5 or the newest iPhone, they’re always ready to scoop up whatever inventory is available and sell it for outrageous profits to diehard fans with little patience and loaded pockets. That said, scalping does have its risks, and the recent iPhone 14 launch is a clear example of that. Chinese media has been reporting that scalpers have been forced to sell their brand new iPhone 14 smartphones on the street for less than the official launch price just to cut their losses.
