Wednesday, July 04, 2007

iPhones For Everyone - Forbes.com

The invisible hand slaps eBay iPhone speculators... 

Except for one: A true shortage. Despite the media hype, long lines and huge sales, the shimmering handhelds remain available for sale in some Apple and AT&T stores and at both companies' Web sites.

As of Monday evening, there were still more than 5,000 unclaimed iPhones on eBay (nasdaq: EBAY - news - people ), mostly of the 8-gigabyte variety. On Sunday, a blogger at Newsvine analyzed data on the iPhone auctions and said that 52% of iPhones on the site didn't sell. The median profit for iPhone sellers was a measly $34.16.

iPhones For Everyone - Forbes.com

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