With the possible announcement of the 3G iPhone only a week away, many current iPhone owners are itching to upgrade, which takes money. Other people, finally bitten by the iPhone bug, are eager to buy one, only they are harder to find in stores. This creates a nice, natural supply-and-demand formula that we managed to exploit not once but twice on eBay. Not only did I sell my iPhone in 24 hours, but I sold it for more than I paid.
A week ago, Benny and I both made the decision to sell our 8GB iPhones. Even though the iPhone is now a year old, there is still huge demand for it. On a weekly basis, lines form inside and even outside Apple stores, specifically for the iPhone. This dwindling stock of iPhones on the web and in stores makes it a perfect item to sell on eBay, new or used.