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 $2,325, according to Macworld.
Funnily enough, some bids are even coming from countries that do not sell the iPhone. However, Apple hopes to expand the iPhone’s availability from 20 countries to 70 countries by the end of the year.
[via Macworld]
WOW…thats dum because i just walked into my local AT&T and said have any white 3g iphones and the lady said oh yeah plenty
“Funnily enough”? I bought my 1st gen iPhone on eBay because it wasn’t out before the year after in my country. Where else can a poor gadget freak get his greasy hands on one of theese jewels. It’s given that most of the sky high bids comes from eBayers in countries that don’t sell the iPhone yet. By the way, the 2nd gen iPhone is out now in my country, but still, 1000$ for a locked 16GB on eBay is still far cheaper than what it cost if I bought it over the counter.
Hey Mason! Why don’t you do a iPhone brother a favor and ship me one of those white 16 GBs. 600$ included shipping?
doesnt a lot of the money in the contracts go towards the iphone its self?
i worked out that with the cheapest contract with o2 30 pounds + insurance (18 months minimum) is £800!!
I just sighted an ebay auction where an iPhone 3G 16GB went for 1200 Euros, and that’s probably NOT the topscorer.
(Just for the folks whose currency calculator isn’t up to par – that about 1900 US-$.)