So in a matter of hours, iPhone listings on eBay shot through the roof (12,000 + listings). Most of this is the result of the enterprising people that waited on line in hopes of buying a couple iPhones and reselling them on eBay. While some of the early sellers may have turned their iPhones into profit, a quick look today reveals a buyers market. I just checked eBay's closed auction history and there are hundred's of iPhone auctions that have closed without bids. Apple stores have plenty of inventory so many sellers are going to be hard pressed to make a profit. I guess they can always return them within 14 days if they don't move them. To search for iPhone listings and bargains click here.
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