eBay resellers cash in on iPad shortages

Average selling price for third-gen 16GB Wi-Fi iPad is $92 above list, says auctioneer Computerworld - eBay resellers are asking an average price of $591 for the base model of Apple's new iPad, or nearly $100 above list, the online auction site said today. Although Apple charges $499 for a 16GB Wi-Fi new iPad, the wait time for new orders now stretches two to three weeks. eBay sellers are taking advantage of the tight supply by trying to flip their pre-ordered 16GB Wi-Fi tablets at an average price of $591. "Selling my iPad 3 pre-order," said a seller identified as "resqbobby" in an eBay Marketplace listing. "Auction is for one white iPad...

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IPhone Failing to Gain Market Share in China as Samsung Lead Triples

Apple Inc. (AAPL) got a second partner in China to sell the iPhone in the world’s biggest mobile-phone market. The deal may be too late to catch Samsung Electronics Co. (005930), with a market share that’s three times larger and growing. China Telecom Corp. (728) began selling the iPhone last week as Apple tries to build on its 7.5 percent share of the country’s smartphone sales. Samsung controlled 24.3 percent of the market for phones that can play videos and games, according to Gartner Inc., using a strategy of allying with all three of the nation’s third-generation networks since such services started in 2009. ucceeding in China is important...

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Anonymous Got Hacked While Hacking

Anonymous might be the pre-eminent group of hacktivists on the internet, but they aren’t immune to a little hacking themselves. Security software company Symantec discovered that a piece of Anonymous-recommended DDoS software called Slowloris contained an insidious Trojan that was stealing financial info from people using it. Anonymous recommended the software during the fallout from the Jan. 20 raid on Megaupload, and the beginning of one of the biggest DDoS sprees in the group’s history, hitting The Universal Music Group, The Department of Justice, the FBI, the RIAA and more. DDoS software is easy to use without much computer knowledge.,...

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