Toronto - Hey, if you want your very own iPhone you better get off your wallet, and once you do that, you better borrow money from your mom.
Currently the new iPhone 3G is going for $1,000 on eBay, and this price is expected to rise over the next several weeks.
Apple is having a difficult time keeping the shelves stocked with their new phone. A new shipment wont be ready to go for about 3 weeks.
Apple has been setting sales records and the new iPhone is barely out of the gates. The iPhone 3G launched on July 11, selling more than 1 million units over the first weekend.
The online bidding wars for the new phone are starting to get out hand, with one iPhone going for $2,200.
The average price for an 8GB iPhone 3G on eBay is around $900.