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Saturday, June 30, 2007

iPhone supply outlasts demand on day one

Both Apple and AT&T stores had ample supply on the first day of iPhone sales. This was good news for those who waited in line, some for days, but not such good news for those hoping to make a quick buck on e-bay or craigslist. Lines dissipated quickly and iPhones hit e-bay nearly as quickly with some seeking more than a $1000 for the device which sells for $499 US for the 4GB model or $599 for the 8GB model. CNet has the story here. Time will tell I guess whether or not this highly anticipated device will live up to the hype, at least there have been no reports of gun toting thugs mugging unlucky iPhone owners on their way out of the Apple Store! Note to Steve Jobs: We are waiting anxiously up here in Canada eh!

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