July 21, 2008

Bidding for IPhone 3G Tops $1,000 on EBay

Pent-up demand for the iPhone 3G is manifesting itself on auction site eBay, where eager buyers are bidding in excess of US$1,000 to get what's turning out to be a hot commodity, reports PCWorld.

"The bidding for a 16G-byte iPhone 3G on eBay is exceeding $1,000, with one bid ending at $2,325. The average 8G-byte iPhone 3G bid is reaching the $800 to $900 range."

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