iPhone 4 Available On EbayiPhone 4 Available On Ebay
Prices for Apple's hot new smartphone approaching $1,000 on online auction site.
June 23, 2010

Ebay shoppers can be among the first to get their hands on Apple's new iPhone 4—if they don't mind paying markups of 400% or more.
Numerous Ebay sellers are hawking the new smartphone at prices approaching $1,000. For instance, Ebay merchant "Mmiikkeell" sold a 32GB black iPhone 4 for $930 early Wednesday after receiving 11 bids. 16GB models were selling for $700 or more. Officially, the 16GB model is priced at $199 while the 32GB model is listed at $299. Both prices require a two-year AT&T contract. It's not clear how, or if, Ebay sellers managed to order an iPhone without also signing up for the contract—which would nullify their profits. Many sellers may be existing AT&T customers who've purchased iPhone 4 through their current contracts and not activated the new device. Some sellers were advising potential buyers that the phone would not ship with a SIM card. Apple and ATT's policies on the matter were not immediately clear. Most sellers claim they will have the iPhone 4 in hand by Thursday, which marks the official launch date. June 24, however, will for many outlets mark only a theoretical debut for the device. iPhone 4 is now on backorder at the AT&T and Apple online stores, and it's expected to be in short supply at authorized retail outlets Best Buy, Wal-mart, and Radio Shack. iPhone 4 features a number of enhancements over its predecessor, the iPhone 3GS, including higher screen resolution (960 x 640 pixel technology dubbed Retina Display), a front-facing camera for video chats, and a longer lasting battery that affords 40% more talk time. It's also 24% thinner. iPhone 4 also includes a 3-axis gyro and a slick new glass and stainless steel case—and it's capable of multitasking thanks to the new iOS 4 operating system. "iPhone 4 is the biggest leap since the original iPhone," Apple CEO Steve Jobs proclaimed as he unveiled the product on June 7 at an Apple event in San Francisco.
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