A man spent $4,595 on a giant pallet of Apple returns in the hopes that he could make a profit by reselling the items.
YouTuber Harrison Nevel documented the experience for his channel after buying what claimed to be nearly $10,000 worth of Apple products from a liquidation website.
The items had all been previously returned and Nevel unboxed them to see what was inside before taking them to pawn shops in an attempt to turn a profit.
In the video, he said he would try to resell the stuff to see “how much money we potentially made or lost”.
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Inside the mystery boxes were iPads of different generations and storage space.
Nevel said: “We have five of them that are worth $600 new, now I would be happy if we could maybe pull half of that, maybe a little less than half out of that, so we're talking maybe $200 to $300 a piece cuz we can get $200 of each of these - that's $11,000 right there.”
However, things didn’t quite go to plan when Nevel began trying to sell the returned iPads, receiving just $80 each for two of them at a pawn shop.
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Another shop refused to buy an iPad altogether because it was locked with a passcode, rendering it useless.
When Nevel made an attempt to sell this using an automatic device seller, the machine offered him just $35.
The YouTuber ended up making $3,750 from the unwanted Apple products, which is a whopping $845 less than what he paid for them.
In the video, he continued: “We're probably in a little bit of a negative but that's why nobody bought the box off of that website and why we're here to take the risks.”
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Surprised by how little Nevel had made from the items, viewers took to the YouTube comment section to share their thoughts.
One user wrote: “$80 for an iPad?! That's an insane low ball offer I would have refused,” prompting someone to reply with, “yep then they're gonna turn around and sell them for $300-$400 I guarantee”.
Another said: “Dang wasn’t expecting that much in the red.”
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A fourth posted: “Thank you for actually charging the iPads to make sure they work! I get so annoyed when some just assume it's broken. You got ripped off by that pawn shop.”
And a fifth person joked: “This was the ultimate iPad kid unboxing.”