Markets in Everything: $1,000 for a Place in Line
NY Post -- "The Big Apple has iPhone fever -- and it's gotten so bad that places in an all-day, all-night line to get one are going for more than the pricey gadget itself. A full day before the latest update to the multimedia cellphone was scheduled to go on sale, lines snaked around the Apple flagship store on Fifth Avenue at 59th Street.
Some high-tech fans actually lined up on Tuesday for today's launch of the iPhone 4. The crowd included several entrepreneurs who were hawking their places in line for $1,000 -- for a phone whose top price is $299."
HT: Carlo DiPietro