The “amazing” demand for the iPad 2 is creating a booming resellers market for those looking to flip their iPad 2. While iPad 2 units are impossible to find in stores, the internet is teeming with iPad 2s for those willing to pay any price. The 64 GB WiFi + 3G model is the top of the line iPad 2 model and retails for US$829 online and in stores. A quick search of eBay uncovers auctions selling this model with a price tag as high as $4,000. While $4K may be on the high end of the scale, many units have sold for as much as $2000. This same model is also selling for between $1000 to $1500 on Craigslist in major metropolitan areas such as New York City.
Even the low-end 16 GB WiFi iPad 2 model is available at over-inflated prices with some sellers asking $2000 for the $499 tablet device on eBay and up to $1000 on Craigslist. If you did not score an iPad 2 on day one and still want one, what are you doing to secure your tablet device? Would you pay $1000 plus for the iPad 2 or do you prefer to stalk your local Apple store waiting for that elusive shipment of new iPad 2 inventory?