iPhone 6 & Plus – Price Gouging Kuwait

Prices in Kuwait are always crazy when the iPhone gets launched and the demand for the phone in Kuwait is insane. And with insanity come insane prices, and a lot of people are willing to pay those prices because they can’t wait a few weeks or a month or two to get it at the normal prices. As usual Jackie has all the info on anything Apple:

iPhone 6  16GB 203 KWD, 64GB 234 KWD, 128GB 266 KWD – US Pricing Including Taxes
iPhone 6 Plus 16GB 234 KWD, 64 GB 266 KWD, 128GB 297 KWD – US Pricing Including Taxes

Current Pricing in Kuwait: 

iPhone 6  16GB 390 KWD, 64GB 420 KWD, 128GB 460 KWD

The price increase of the phones is between 75 to 95% which is insane and the funny part is that the phones are selling out in Kuwait. It seems there are a lot of people who are willing to pay these prices.

Blackmarket Lines For The iPhone 6

I have waited in lines before, I remember waiting for the third Matrix Movie, and even the Star Wars Movies and those were fun. You set up camp, get your food ready and enjoy your night. Those were just a few hours, never had to pull an all nighter, so in this case the iPhone releases are getting extreme. Based on the video it seems a lot of these lines are filled with people who have no care for Apple, just how much they will get paid for getting the iPhone. I wonder if there was a way for Apple to stop this because it no longer has the fun spirit that it used to. This is not the case across the board for most Apple stores but there has to be a way around this issue. These are the ones that get resold at double or even sometimes triple the price, we see it on ebay and we hear about it in Kuwait, 900 KWD for a 300 KWD phone is insane.