Skip to main content

Market Overview

Forget Drugs, iPad 2s are More Fun to Smuggle

Share:

Who knew zip-lines could be so useful?

While Apple's (NASDAQ: AAPL) upcoming tablet may steal the show, that hasn't stopped consumers from eating up the aging iPad 2. That hasn't stopped smugglers from eating it up either.

MicGadget reports (via Business Insider) that smugglers in Hong Kong have been caught zip-lining iPads into Shenzhen, a neighboring city. By using this simple technique, the smugglers have been able to send the iPads over a river that runs between the two cities.

The smuggling from Hong Kong and Shenzhen's taxation laws (it is cheaper to sell iPads in Shenzhen, apparently). When Chinese customs officers busted the smugglers late last week, they grabbed 50 iPad 2s and 50 iPhone 4s.

v/cR4kjyfpZos

Follow me @LouisBedigian

 

Related Articles (AAPL)

View Comments and Join the Discussion!

Posted-In: Apple Business Insider Hong Kong iPad 2 iPad 3 MicGadgetNews Tech Best of Benzinga

Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
SPAC
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com