A Mumbai man took his love for iPhone a notch higher. On November 3, when the sales of the Apple iPhone X kicked off in India, Mahesh Pallival from Thane’s Naupada district went riding a horse to the stores, accompanies by a band, to collect his pre-booked iPhone. Do not miss the placard reading “I love iPhone X”, which he carried!
Apparently, he did not even get off the horse to receive the iPhone. He sat right there on the horse, where he was handed over his new iPhone X by a Hariniwas circle store owner Ashish Thakker.
While researchers had been expecting a lull in sales of the iPhone X, the initial gush has been strong. However, this in itself is proving to be a problem because the demands are high and the supplies are seemingly low. Apparently, retailers and online players were handed over a thin supply of the iPhone X, and many of them are already out of stock.  
Reportedly, authorised resellers and corporate partners were disappointed at the limited stock being handed over to them. “Don’t expect any beeline for iPhone X in India as the company has handed over very limited stocks – some received even a mere 15-20 units – to online as well as offline authorised resellers. We, however, are yet to see a unit,’ an Apple Authorised Corporate Partner told IANSon the condition of anonymity.
Consequently, this has led people starting their own grey market. Yesterday, people were spotted re-selling their brand new iPhone X on eBay for fat margins. The iPhone X is the most expensive iPhone so far, with the 64GB base variant priced at Rs 89,000. The 256GB variant retails at a whopping Rs 102,000. However, on eBay India, a 64GB variant of the iPhone Xis selling for as high as Rs 148,000. The iPhone X 256GB variant is selling for a whopping Rs 170,000.