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Supply and Demand: Somebody on Kijiji wants $30,000 worth of BlackBerry Z10s

I want ALL the Z10s!
By Kevin Michaluk on 7 Feb 2013 09:47 am EST

I'm no economics professor (but my bro-in-law @jayhum's dad is!), so I know enough to understand the law of supply and demand. Globally, there is a lot of demand for the newly-released BlackBerry Z10. With the Z10 only launched in a few markets though, including Canada but not the USA, that can't yet be said for supply.

For enterprising individuals, this means there is a big opportunity out there to get Z10s in the hands of people who want them at any cost. We already saw Z10s popping up on eBay and selling for over $2,000. And we've heard stories from our friends in the UK of well-off individuals from Dubai coming into stores and buying out every Z10 they could get their hands on. While not sanctioned by us, we're seeing a lot of CrackBerry members north of the border trying to help out those south of the border as well.

Strolling through our BlackBerry Z10 forums this morning, I came across this thread displaying a new listing on Kijiji. Someboy in Quebec wants to buy up all the BlackBerry Z10s they can get their hands on. Odds are they'll want to unlock the BlackBerry Z10 and then resell it at a mark-up for use on carriers where it's not available.

So what should make out of all of this? You know what they say... actions speak louder than words. And it's actions like this taking place that signal to me that the BlackBerry resurgence is off to a great start. 

Reader comments

Supply and Demand: Somebody on Kijiji wants $30,000 worth of BlackBerry Z10s

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As I posted in the thread, this guy wants them at less than cost.

I think you're forgetting about the taxes. Effectively the tax rate in QB is ~15%, so if you buy a phone from Koodo and sell it for $600 you're losing $32.50. Doesn't sound like a great deal to me.

Is it for his son studying abroad and he'll send you the funds through PayPal once shipping has been confirmed? Gesh

Who cares, its fun with numbers!! He can't pry this phone from my cold dead hands ......... man I love this thing!

Strategy makes sense, but going to be hard to get it from folks for just $600. Since everyone is still within the 14 day return period, I think folks would rather do that.

These things are tough to find in my City (Hamilton). For Rogers: 0 at Walmart, 0 at two Rogers locations, was 2 left at Best Buy (but I bought one and another guy bought the other one whilst I was there). People want these phones!

Anyone who really wanted 30,000 z10s could contact Blackberry and get them, they wouldn't turn down a order like that. No one would.

I got 3 of them from my local Rogers store and they were the last 3. While I was there they got another shipment to replenish. But he'll yeah they are selling out fast and there was a small lineup at the store

This is unfortunate. What's going to happen is someone is going to show up with several Z10s and then get MUGGED for them. It's happened before. Someone says they're selling devices and when they show up with a few thousands in cash, they get beat up and mugged for cash. TERRIBLE News..(not sure if that's what this is about though, but likely)