According to Businessweek today, many of the people waiting on line for iPad 2s were people heading off to the gray market to make a sale.

For those in the US and abroad, the biggest gray market is eBay where iPad 2s are going as high as $4000.

There seems to be something wrong with Apple’s distribution strategy, though it doesn’t immediately seem like anything can be done.

FTC: We use income earning auto affiliate links. More.


Check out 9to5Mac on YouTube for more Apple news:

You’re reading 9to5Mac — experts who break news about Apple and its surrounding ecosystem, day after day. Be sure to check out our homepage for all the latest news, and follow 9to5Mac on Twitter, Facebook, and LinkedIn to stay in the loop. Don’t know where to start? Check out our exclusive stories, reviews, how-tos, and subscribe to our YouTube channel

About the Author

Seth Weintraub's favorite gear