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Old 2nd Jul 07, 09:18 PM
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Get-rich-quick iPhone schemes not paying off
*Source: News.com (http://news.com.com/8301-10784_3-9738538-7.html)*
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If you were hoping to make big bucks by reselling an iPhone on eBay, it doesn't look like it was really worth the effort.

Corey Spring (http://spring.newsvine.com/_news/200...rs-were-hoping) has posted an analysis of iPhone listings on eBay (http://search.ebay.com/apple-iphone_W0QQssPageNameZWLRS) over the weekend (spotted on Daring Fireball (http://daringfireball.net/)), and he has concluded that the average listing generated $54.43 in profit. That's not a very good return for those who waited in line for hours, or even days, in hope of flipping an iPhone for big bucks. The median return was even worse, at $34.16, which means that half of iPhone auctioneers made less than that amount.

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