Cash is king: the HK Apple store.

In Hong Kong, it’s very common to see mainlanders come over and buy very expensive things–all in cash. So the Hong Kong apple store needs a bill counter at the register.

They avoid the luxury tax of the mainland, which can be as much as 50%, and in some instances the money may not be entirely legit (i.e. bribes) so buying handbags or computers is a good way to spend it.

Apple even has bill counters for people who buy laptops with cash. I’ve heard of smaller retailers employing a person full-time to be on hand to count wads of cash. And, lastly, cash is still king here; it just isn’t as much of a credit card / ATM card economy. Pretty crazy huh?

Share this:
Share this page via Email Share this page via Stumble Upon Share this page via Digg this Share this page via Facebook Share this page via Twitter

3 responses to “Cash is king: the HK Apple store.

  1. How funny!!

  2. Morris Drzewicki

    There are more than 7,500 known cultivars of apples, resulting in a range of desired characteristics. Different cultivars are bred for various tastes and uses, including cooking, fresh eating and cider production. Domestic apples are generally propagated by grafting, although wild apples grow readily from seed. Trees are prone to a number of fungal, bacterial and pest problems, which can be controlled by a number of organic and non-organic means.-.””

    Our very own webpage

  3. Woѡ, fantastic blog structսre! How lengthy have you Ьren running a blog for?
    you make running a blog look easy. The entire look of
    your web site is fantɑstiс, ass well aas the coոtent!

    Herе iѕ my web-site :: pest control in phoenix

Leave a Reply

Your email address will not be published. Required fields are marked *