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iPhone Purchasers Attempt To Cash-In

Wondering what proud iPhone owners did after they scored their tiny black box? While most of them ran home to play with their new treasure, there were quite a few people who immediately posted ads online, trying to make a few extra bucks off their new purchases. We all expected some of the people who waited in the grueling two day lines in front of the Apple Stores were going to resell the phones, but it was hard to say how much they would cash in for. CrunchGear spotted ads on Craigslist yesterday where people were asking for $1,500 and $1,110 for an 8GB model - that's over $400 the original sales ticket price. As you can see below from more ads, this is getting completely out of control! Rumor has it that Apple is striving to replenish iPhone stock in most stores across the country to meet supply and demand. Which basically means that most of these hopeful sellers may be outta luck in attempting to make a small fortune off these popular gadgets. I went in to the Apple store near my house yesterday morning out of pure curiosity and while they were out of stock, they said they were expecting two shipments and I could come back in a few hours. Sounds a lot less expensive than a $400 markup!

Join The Conversation
Kostika Kostika 9 years
People have been known to pay 2x the price of gaming consoles, so I'm not surprised to see these going for the same kind of outrageous prices. People will pay them too.
wicca_08 wicca_08 9 years
They're crazy!!!
Kazagirl Kazagirl 9 years
I saw the ones on Ebay and was shocked. People are seriously crazy if they believe a sane person will play 1,500 bucks for a phone.
woodycakes woodycakes 9 years
this is crazy. but you can't blame them.
warau warau 9 years
I was looking online at ebay last night and I peeked at the iPhone listings... utterly insane! Look at those prices. I'm not at all a fan of AT&T service so I do not plan on getting an iPhone.
lovekailua lovekailua 9 years
absolutely ridiculous...reminds me of wii but hopefully apple can keep up and make these losers not get tons of $$> i hope my phone carrier tmobile drops some prices on the data phones or does something to keep customers from switching! i cant afford to cancel and get an iphone as much as i want to but....maybe in a few months i will if tmobile does nothing.
glam-sugar glam-sugar 9 years
Sick. If people were smart they'd just quit paying that much for this stuff and wait. Then maybe some of these jerks that go buy/resell stuff will quit doing it because nobody is dumb enough to buy it from them at those prices.
redsugar redsugar 9 years
stuuupid! Can you believe the listing for 2x?
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