on โ11-04-2013 06:51 PM
on โ12-04-2013 08:09 PM
OK, I see now that they were selling everything for about half price, for brand new titles -- and not full retail as was implied in the ACA report. Not surprising they were doing such a brisk trade then.
on โ12-04-2013 08:37 PM
I didn't see the ACA report, but the comment on the precis that stood out was the copper saying it would have been $60m but they used the eBay prices which meant $20m.
So, 1/3rd price.
on โ12-04-2013 09:57 PM
I can't believe that with all the dough they were raking in, they still shop-lifted the originals from Big W to make the copies from ๐ฎ
on โ12-04-2013 10:01 PM
As all businesses do, cats. Reduce the inputs as far as possible whilst maximising the outputs.
A bit like eBay's model.
The capitalist way.
on โ12-04-2013 10:37 PM
I couldn't believe they stole the originals either!
I also didn't know the bar codes could be scanned to see if they were still active. How clever!
on โ12-04-2013 10:47 PM
I didn't know that either.
I bet there were also a few shop lifters watching that hadn't realised that either
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on โ13-04-2013 08:09 AM
OK, I see now that they were selling everything for about half price, for brand new titles -- and not full retail as was implied in the ACA report. Not surprising they were doing such a brisk trade then.
Hi Kustom, I think they say 60m as that is what the sale of the fakes would have effectively 'stolen' from the Industry .
on โ13-04-2013 08:43 AM
or rather the max it could take from the Industry AND retailers of the genuine article.
on โ13-04-2013 10:59 AM
Thanks izab, that seems about right. Although I'd say a lot of those people wouldn't have bought those titles at all if they hadn't been offered at half price. Therefore the industry losses are not equal to the amount of counterfeited material sold -- but the impact still would have been substantial.
I'm wondering now what's going to happen to all the customers who've bought these phoney discs? Will they be required to hand them over to police, as they are in possession of illegal items? Obviously there's a record of everyone who's bought them. And a lot of buyers must have just recently bought copies and not received them as the raid was taking place.
on โ13-04-2013 11:17 AM
Wow the police are going to have a field day with their buyer database. No doubt they will ask a few buyers to acknowledge they recieved the discs and I am sure a few will be consfiscated for evidence to bolster the States case.