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China's iPhone Flippers Face Losses Before Apple's Foldable Even Launches

China's iPhone Flippers Face Losses Before Apple's Foldable Even Launches Apple's first foldable iPhone, the Duo, launches in mainland China and the United States this Friday, following an October 16 preorder opening. Yet days before the first handsets even ship, Chinese speculators who lined up to flip launch-day units are already watching their expected profits evaporate. apple.comBecause the phones have not been delivered yet, this gray-market action is playing out entirely in advance resale agreements. Dealers lock in first-batch allocations during preorders and line up buyers ahead of time, with final payment and...
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Jul 30, 2026 / Tyler Durden
DEI Is Killing British Policing: Think-Tank Exposes The Truth
DEI Is Killing British Policing: Think-Tank Exposes The Truth Authored by Steve Watson via Modernity.news, A think-tank has warned that British police forces are being hampered by an obsessive focus on diversity, equality and inclusion, with the ideology of "anti-racism" now set against the foundational duty to police without fear or favour. Policy Exchange's latest analysis, led by its head of crime and justice David Spencer, points to the failures surrounding the Southport atrocity, the Nottingham stabbings and the murder of 18-year-old Henry Nowak as evidence of what it calls systemic distortion. The...
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Sep 16, 2026 / Tyler Durden
Diesel Crack Spread Explodes To Record As Russia Weighs Longer Export Ban, US Eyes Its Own
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Jun 20, 2026 / Tyler Durden
Trump Says He No Longer Views Anthropic As A National Security Threat
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