"How I made $1,500 selling the iPhone 5s" - GoFuckYourself.com

96ukssob · 09-23-2013, 01:34 PM

I saw this on Facebook, a friend of mine commented on the status... thought it was a joke but doing the math, wish I would have thought of this

Said he bought two iPhone 5s Gold and Silver models early Friday morning online, then sold them on eBay for an average of $950... then went into a store and bought one for himself and cost him $0.

That got me thinking...

On VZ and AT&T, you can add 5 new lines on a shared plan:

iPhone 5s 32GB @ $299 x5 = $1,495
Cancel fee of $350 each = $1,750
Avg. Sale price of $950 on eBay = $4,750
Net profit is $1,505!

It's a bit of a risk, but I'm not sure if you need to pay the "activation fee" which is $36 per line on VZ, but even still, that takes your profit to $1,325.

I checked Friday late in the afternoon and some were selling for over $1,500 EACH on eBay... WTF?!?! I read earlier today that one person paid over $2,300 for a Gold iPhone

I'm an Apple fan boy, but I sure as hell wouldn't pay more than retail.

Seems to be the big thing, buy the phone, cancel the contract and sell it ASAP. I wonder if the big carriers will implement something in the next few months to counteract that. They did at AT&T years ago with the iPhone 4, they changed to a $325 EFT.

Next time, I'll open a family plan at every carrier

The Duck · 09-23-2013, 01:57 PM

Can't focus on your posts with that sig man!

L-Pink · 09-23-2013, 02:00 PM

Quote:

Originally Posted by The Duck

Can't focus on your posts with that sig man!

Haha ? I told him that last week. I read about 2 sentences and my eyes wander down.

Paul&John · 09-23-2013, 02:15 PM

Quote:

Originally Posted by The Duck

Can't focus on your posts with that sig man!

was there a post?

96ukssob · 09-23-2013, 02:17 PM

Quote:

Originally Posted by The Duck

Can't focus on your posts with that sig man!

Quote:

Originally Posted by L-Pink

Haha ? I told him that last week. I read about 2 sentences and my eyes wander down.

Quote:

Originally Posted by Paul&John

was there a post?

woj · 09-23-2013, 02:21 PM

you forgot $600+ in paypal/ebay fees... + that $5k in paypal likely would end up locked up for 2 months...

brassmonkey · 09-23-2013, 02:23 PM

Quote:

Originally Posted by bossku69

I saw this on Facebook, a friend of mine commented on the status... thought it was a joke but doing the math, wish I would have thought of this

Said he bought two iPhone 5s Gold and Silver models early Friday morning online, then sold them on eBay for an average of $950... then went into a store and bought one for himself and cost him $0.

That got me thinking...

On VZ and AT&T, you can add 5 new lines on a shared plan:

iPhone 5s 32GB @ $299 x5 = $1,495
Cancel fee of $350 each = $1,750
Avg. Sale price of $950 on eBay = $4,750
Net profit is $1,505!

It's a bit of a risk, but I'm not sure if you need to pay the "activation fee" which is $36 per line on VZ, but even still, that takes your profit to $1,325.

I checked Friday late in the afternoon and some were selling for over $1,500 EACH on eBay... WTF?!?! I read earlier today that one person paid over $2,300 for a Gold iPhone

I'm an Apple fan boy, but I sure as hell wouldn't pay more than retail.

Seems to be the big thing, buy the phone, cancel the contract and sell it ASAP. I wonder if the big carriers will implement something in the next few months to counteract that. They did at AT&T years ago with the iPhone 4, they changed to a $325 EFT.

Next time, I'll open a family plan at every carrier

i did the tickle me elmo back in '97 $300 a pop i had a bunch of them. gta 5 same shit! you have to know what to look for.

georgeyw · 09-23-2013, 02:23 PM

minus ebay fees and tax (assuming you run it through your business), postage & handling, your time fing about ringing up phone companies - i'd rather shit in my hands and clap than spend hours on hold to a phone company.

Zeiss · 09-23-2013, 02:32 PM

How sweet! :D

OneHungLo · 09-23-2013, 02:47 PM

Quote:

Originally Posted by woj

you forgot $600+ in paypal/ebay fees... + that $5k in paypal likely would end up locked up for 2 months...

Or when the buyer claims the merchandise is junk, send the seller back an iphone case and reverses the charges then keeps the shiny new iphone

O MARINA · 09-23-2013, 03:42 PM

Quote:

Originally Posted by woj

you forgot $600+ in paypal/ebay fees... + that $5k in paypal likely would end up locked up for 2 months...

Pretty sure people would pay offline $950.00 too, locals but yeah.

CAHEK · 09-23-2013, 04:04 PM

Quote:

Originally Posted by O MARINA

Pretty sure people would pay offline $950.00 too, locals but yeah.

Some people are selling for 1800$

O MARINA · 09-23-2013, 04:18 PM

Quote:

Originally Posted by CAHEK

Some people are selling for 1800$

Really? You can buy my silver one for $1500 then.

CAHEK · 09-23-2013, 04:20 PM

Quote:

Originally Posted by O MARINA

Really? You can buy my silver one for $1500 then.

I'll get you plastic one

sandman! · 09-23-2013, 04:24 PM

not a bad idea.

alias · 09-23-2013, 05:00 PM

Quote:

Originally Posted by OneHungLo

Or when the buyer claims the merchandise is junk, send the seller back an iphone case and reverses the charges then keeps the shiny new iphone

Nigs gonna nig.

09-23-2013, 01:34 PM	#1
96ukssob So Fucking Banananananas Industry Role: Join Date: Mar 2003 Location: If I was in your ass you'd know it Posts: 12,991	"How I made $1,500 selling the iPhone 5s" I saw this on Facebook, a friend of mine commented on the status... thought it was a joke but doing the math, wish I would have thought of this Said he bought two iPhone 5s Gold and Silver models early Friday morning online, then sold them on eBay for an average of $950... then went into a store and bought one for himself and cost him $0. That got me thinking... On VZ and AT&T, you can add 5 new lines on a shared plan: iPhone 5s 32GB @ $299 x5 = $1,495 Cancel fee of $350 each = $1,750 Avg. Sale price of $950 on eBay = $4,750 Net profit is $1,505! It's a bit of a risk, but I'm not sure if you need to pay the "activation fee" which is $36 per line on VZ, but even still, that takes your profit to $1,325. I checked Friday late in the afternoon and some were selling for over $1,500 EACH on eBay... WTF?!?! I read earlier today that one person paid over $2,300 for a Gold iPhone I'm an Apple fan boy, but I sure as hell wouldn't pay more than retail. Seems to be the big thing, buy the phone, cancel the contract and sell it ASAP. I wonder if the big carriers will implement something in the next few months to counteract that. They did at AT&T years ago with the iPhone 4, they changed to a $325 EFT. Next time, I'll open a family plan at every carrier __________________ Email: Clicky on Me

09-23-2013, 01:57 PM	#2
The Duck Adult Content Provider Industry Role: Join Date: May 2005 Location: Europe Posts: 18,243	Can't focus on your posts with that sig man! __________________ Skype Horusmaia ICQ 41555245 Email [email protected]

09-23-2013, 02:21 PM	#6
woj <&(©¿©)&> Industry Role: Join Date: Jul 2002 Location: Chicago Posts: 47,882	you forgot $600+ in paypal/ebay fees... + that $5k in paypal likely would end up locked up for 2 months... __________________ Custom Software Development, email: woj#at#wojfun#.#com to discuss details or skype: wojl2000 or gchat: wojfun or telegram: wojl2000 Affiliate program tools: Hosted Galleries Manager Banner Manager Video Manager Wordpress Affiliate Plugin Pic/Movie of the Day Fansign Generator Zip Manager Last edited by woj; 09-23-2013 at 02:23 PM..

09-23-2013, 02:23 PM	#8
georgeyw 58008 53773 Industry Role: Join Date: Jul 2005 Location: Australia Posts: 9,864	minus ebay fees and tax (assuming you run it through your business), postage & handling, your time fing about ringing up phone companies - i'd rather shit in my hands and clap than spend hours on hold to a phone company. __________________ TripleXPrint on Megan Fox "I would STILL suck her pussy until her face caved in. And then blow her up and do it again!"

09-23-2013, 02:32 PM	#9
Zeiss Confirmed User Industry Role: Join Date: May 2012 Location: With your mom Posts: 5,189	How sweet! :D __________________ Adult Webmasters Guides

09-23-2013, 04:24 PM	#15
sandman! Icq: 14420613 Industry Role: Join Date: Mar 2001 Location: chicago Posts: 15,432	not a bad idea. __________________ Need WebHosting ? Email me for some great deals [email protected]