Cheap Hacked iTunes Gift Cards Return to Taobao
Are they here to stay?
A while back we reported on the rash of hacked iTunes gift cards that had appeared on Taobao. These were $200 USD cards selling for as little as $0.25. It was total chaos! Then Taobao cleaned it up as best they could, and the hullabaloo settled down. But now, they have returned.
Is Apple Powerless to Stop It?
It seemed like iTunes would change the gift card algorithm that had been hacked to a fresh one, and that these cheap gift cards would disappear for good. Not so! It seems that Apple hasn’t invalidated the old codes, nor has it figured out how to change their algorithm without messing up all the legit cards that are already out there.
Differentiating in a Crowded Market
iTunes Gift Cards have returned to Taobao, and are still selling strong. Right now there about 1,000 listings for the gift cards, all selling at very low prices. In such a crowded market, Sellers have had to differentiate themselves. For example, this Taobao seller has taken dog show photos to represent their brand. Adorable!
While this guy has chosen Obama to represent his iTunes Gift Certificates, with an open call to foreigners. But is that what Barack would do? Heck no! He wrote a book about honesty, or something.
Good with Numbers
Chinese people seem to be very good at cracking these gift code algorithms. You can also find Xbox Live points and Playstation Network gift cards at a fraction of their face value. How do they do it!?