A Vnunet article says eBay iPhone sellers may end up frustrated by an abundance of iPhone product. Although the article does quote an Associated Press figure that says sellers are fetching an average price of $962 for an iPhone -- well above retail price. The 8GB iPhone are going to sell better on eBay since many stores have sold out of them.
Most stores for AT&T, the phone's exclusive operator, have sold out of the 8GB models, but still have 4GB ones in stock.
Meanwhile, only 745 of 8,000 iPhone offerings on eBay have actually been sold. The sellers lucky enough to find a buyer fetched $962 on average, according to a report by Associated Press.
The 4GB iPhone retails at $499 and the 8GB model goes for $599.
More than 32 hours after the iPhone went on sale, most eBay auctions closed around the retail price, leaving the seller to pay for the sales tax and commission.
A $600 closing price carries about $25 in listing and closing fees. Sales taxes vary by county from zero to 8.65 per cent.
Here is an iPhone listing with six bids and a high bid of $660 which is not much higher than the retail price of $599. There are many unfinished auctions for 8 GB iPhones in the $600 - $700 range. Some of the eBay sellers are selling two iPhones at a time which was the maximum amount shoppers were allowed to purchase. Ebay is also packed with listings for iPhone accessories. There are also a few iPhone related web domains being auctioned for very high figures.
A Vnunet 
