Scalpers are already reselling the iPhone X outside of Apple Stores

A reseller offering iPhone X's on a street in Hong Kong just after the phone went on sale in a nearby Apple store on Friday.

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A reseller offering iPhone X’s on a street in Hong Kong just after the phone went on sale in a nearby Apple store on Friday.
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Bobby Yip/Reuters

It didn’t take long after Apple’s new iPhone X arrived in the company’s stores Friday morning for scalpers to get to work.

Soon after the throngs of people lining up at stores around the world started making their way into the outlets and buying the new device, scalpers among their number turned around and started making some quick money off the hotly anticipated phone.

Check out these images of scalpers at work in Hong Kong, China:


This crowd of people is checking the street price of resale iPhone X’s.

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Bobby Yip/Reuters

Here, a woman is reselling a small stack of iPhone Xs.

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Bobby Yip/Reuters

It looks like most of the deals are done with just a calculator and cash.


Here someone is using a phone to make a quick cost calculation.

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Bobby Yip/Reuters

These Apple bags appear to be full of iPhone Xs.

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Bobby Yip/Reuters

Look at those stacks of cash and phones!

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REUTERS/Bobby Yip

There are at least 25 iPhones here — about $25,000 worth.

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Bobby Yip/Reuters