iPod Shuffle Mania – Another Opportunity Lost

My Money Blog has partnered with CardRatings and may receive a commission from card issuers. Some or all of the card offers that appear on this site are from advertisers and may impact how and where card products appear on the site. MyMoneyBlog.com does not include all card companies or all available card offers. All opinions expressed are the author’s alone.

Every Apple announces a new product, the capitalist in me says “run to the Apple store tomorrow. Buy as many as you can carry, and re-sell them on eBay. With the profit, keep one for yourself basically free”. Like this guy who bought ten of ’em (not the blogger, the guy in the picture)! And when I was in college I very might well have does that. But now as a working stiff I just can’t spend 3 hours in line to buy toys. I do have an silver Apple iPod Mini that I got for Christmas, which is awesome.

Apple’s new iPod shuffle (retail $99) now has a 2-4 week wait time, and the average going price on eBay is $140. That’s a swift 40% profit, even with the fees since shipping is usually about $10 and costs $4.

If I bought 10 iPods x $40 = $400. If the line was 4 hours long, that’s still $100/hour, which is definitely more than I make. Still, I’d have to take time off work, and I value vacation time at more than $100/hour! Now if I bought 100

My Money Blog has partnered with CardRatings and may receive a commission from card issuers. Some or all of the card offers that appear on this site are from advertisers and may impact how and where card products appear on the site. MyMoneyBlog.com does not include all card companies or all available card offers. All opinions expressed are the author’s alone, and has not been provided nor approved by any of the companies mentioned.

MyMoneyBlog.com is also a member of the Amazon Associate Program, and if you click through to Amazon and make a purchase, I may earn a small commission. Thank you for your support.


User Generated Content Disclosure: Comments and/or responses are not provided or commissioned by any advertiser. Comments and/or responses have not been reviewed, approved or otherwise endorsed by any advertiser. It is not any advertiser's responsibility to ensure all posts and/or questions are answered.

Comments

  1. Actually, if you read my post again, you’d see at the end of 2nd paragraph: “Luckily, as this was the only product people were buying, the long lines actually moved reasonably fast and I was out of there in less than 30 minutes with my shiny new iPod.”

    I guess pictures speak louder than words in this case. 😉

    -Russ

  2. Thanks for the clarification! I must have mixed up articles or something. Only 30 minutes! I’ve waited longer than that at the post office.

Leave a Reply to Russ Cancel reply

*