iPhone Buzz » iphone bidding http://www.iphonebuzz.com tracking the iPhone revolution Thu, 09 Feb 2012 14:36:51 +0000 en hourly 1 http://wordpress.org/?v=3.2.1 The Price is High for the iPhone on eBay http://www.iphonebuzz.com/the-price-is-high-for-the-iphone-on-ebay-233227.php http://www.iphonebuzz.com/the-price-is-high-for-the-iphone-on-ebay-233227.php#comments Wed, 23 Jul 2008 16:51:20 +0000 Brenda Stokes http://www.iphonebuzz.com/?p=3227 Whenever new technology comes out, it’s a given that it will hit eBay. But if supply can’t meet the demand for the product, some outrageous asking prices begin to show up on the popular bidding site. And outrageous is exactly what’s going on now that many cannot find the new iPhone 3G at their local Apple stores. In fact, prices for the new phone are upwards of $1000 on eBay right now.

But not all of the blame for the high price craziness can be placed on those putting up the auctions. Bidders are causing the prices to reach sky-high levels, with the 8GB phone selling for around $800 and the 16GB selling for more than $1,000. In fact, one auction closed $2,325, according to Macworld. 

Funnily enough, some bids are even coming from countries that do not sell the iPhone. However, Apple hopes to expand the iPhone’s availability from 20 countries to 70 countries by the end of the year. 

[via Macworld]

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