The iPhone 5 has started showing up on EBay, and some units are selling for insane amounts, including one 64 GB model that is currently going for $9,901. It has more than 30 bids already. Apple (AAPL) is selling the model for $399 with a two-year contract.
Typical prices are more modest though still a lot higher than retail. A white 16 GB model sold for $900, which is just $250 more than its retail price but $700 more than its price on a two-year contract.
One person is selling a 64 GB model for $1,375 while another user has already received 28 bids for two 16 GB models, which are currently going for $1,350.
Others, though, aren't bothering with auctions and instead are simply listing their devices at Buy It Now prices. One person is selling two 16 GB iPhone 5s for $2,500 total. Another seller, meanwhile, has listed two 64 GB iPhone 5s for $3,200.
At least they're offering free shipping.
Many of those purchasing the iPhone 5s on eBay may be from outside the