Most Apple fans already know that the iPhone 5 will officially be available in both Europe and the United States tomorrow, but it shouldn’t come as much of a surprise to hear that the handset is already for sale through unofficial channels.
As of now, people living within Hong Kong can buy the iPhone 5 through the local grey market. There are no details as to just how the handsets made their way to the grey market, but it shouldn’t be to hard to guess, especially when the factories are out in Asia. It is however always a surprise to see just how fast these devices do make their way into the grey market when you consider just how much emphasis is placed on the security of these devices. In any case, the device will go on sale for $1,100. The grey market price has a built in premium of approximately $380 which is above and beyond the actual $720 US price tag that Apple is expected to sell the device for in Hong Kong.
Buying through the grey market will appeal to some customers, but it is important to remember that in situations such as this, it is buyer beware. There is always the chance that the device is new defective or the potential of other issues cropping up.