Why Best Buy charged so much for the iPhone X

Best Buy was marking some iPhone X pre-orders to $100 over Apple's price — but no longer. 

The electronics retailer announced today that it will no longer allow customers to pre-order the iPhone X unactivated and with upfront payment. Apple aficionados will now have to order the phone tied to a specific carrier, and with an installment plan. 

When you purchase an unactivated phone, you're essentially purchasing a clean slate: a phone that has yet to be associated with a carrier or a data plan. Best Buy claims that there was high customer demand for unactivated phones because people with employer-financed data plans often need their phones approved before they're activated.  Read more...