TREE NEWS reports: Apple’s first foldable phone, the iPhone Duo, drew scalper listings of up to 99,000 yuan on secondhand platforms including Xianyu after its September 10 launch. Most resellers are charging a markup of about 5,000 yuan, with the lowest above 1,000 yuan, and prices for 1TB and 2TB versions still rising. Some buyers’ reservation deposits have been bid up to about 800 yuan, marked non-refundable.
Apple iPhone Duo Scalped at Up to 99,000 Yuan on Resale Platforms
The premium on resale listings points to supply tightness at launch rather than durable demand, since scalper pricing reflects launch-day scarcity and the willingness of early buyers to pay for immediate access. The bidding on non-refundable reservation deposits is the more telling signal: it suggests speculative positioning on delivery slots themselves, not just on devices. Whether that deposit market holds up once regular channel supply arrives is the open question, and it matters for anyone tracking how Apple's first foldable is absorbed beyond the initial hype cycle.
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