Quote:
Originally Posted by Mutt
there's an iPhone 3G auction right now on the front page, highest bid is only 48 GBP and there's been about 15 bids so far - you simply can't sell an iPhone for 100 GBP and another 100 GBP in bid revenue - gotta be something shady or a big catch to this. i don't understand the countdown thing. when is an auction over?
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No - 48GBP is the sam iphone 3g that is atm at ?63 for me - this is the iphone that started at 2c this morning but has received 6300 bids (50c each). Not sure what the GBP price is, but 1 bid == 50 euro cents here.
I don't think there's anything shady at all, just that given enough publicity (traffic) that people will bid and bid for a bargain. All the time, the company is making a fortune.