iPhone scalpers used bots to buy millions of dollars’ worth of iPhone 15 models, says report

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A cybersecurity company says that iPhone scalpers seeking to profit from early demand for iPhone 15 models used bots to make millions of dollars’ worth of purchases from the Apple website as soon as orders went live.

The activity is lucrative for scalpers – who are able to resell the devices for hundreds of dollars over the retail price to those who are otherwise facing long delays to order through Apple – but in turn increase the waiting time for legitimate customers …

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iPhone scalpers used bots to buy millions of dollars’ worth of iPhone 15 models, says report

A cybersecurity company says that iPhone scalpers seeking to profit from early demand for iPhone 15 models used bots to make millions of dollars’ worth of purchases from the Apple website as soon as orders went live.

The activity is lucrative for scalpers – who are able to resell the devices for hundreds of dollars over the retail price to those who are otherwise facing long delays to order through Apple – but in turn increase the waiting time for legitimate customers …

more…

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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