Just how hot do you think that the iPhone 3G has gotten? It seems that pent up demand for this smartphone has reflected in insane prices on eBay, with some of the bids already surpassing the magical $1,000 mark. Heck, even in the real world, demand for the iPhone 3G still results in lines forming outside of more notable Apple stores including the one in New York. So far, over 1 million units worldwide has already been sold, and demand remains extremely strong with both AT&T in the U.S. and O2 in the U.K. reporting iPhone 3G shortages. Currently, bids on eBay or the 16GB iPhone has passed the $1,0000 mark with even one bid ending at a ridiculous $2,325, while the smaller capacity 8GB iPhone 3G averages around $800 to $900. There’s a trick to all this – delayed gratification is the keyword, folks.

Source: PC World