This Guy Paid $900 To Be First In Line For An iPad 2


Photo: Fortune/Philip Elmer-DeWitt

Hazem Sayed, an app developer, paid a 20 year-old college student $900 to hold the first spot in line at Apple’s 5th Ave. Manhattan store for 41 hours, Fortune’s Philip Elmer-DeWitt reports.Sayed paid up because he is hoping to get some press coverage for his iPhone app AskLocal and his company Zami.

It makes sense since it’s a pretty cheap way to drum up some press. Elmer-DeWitt says it’s working as Sayed has been interviewed a few times already.

But what about the college kid? It was miserable weather in New York for the last 41 hours. Hope the $900 was worth it. Elmer-DeWitt didn’t have a comment from him. He’s probably somewhere warm and dry trying to cure his hypothermia.

Elmer-DeWitt says there’s over 150 people in line now.

Don’t Miss: Apple Getting Blowout iPad 2 Online Sales? 2-3 Week Shipping Delay Already

NOW WATCH: Tech Insider videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at

Tagged In

apple ipad 2 sai-us