Gold iPhones in huge demand on eBay

DPA Updated - March 12, 2018 at 06:51 PM.

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Apple has scored a memorable hit with its new Gold Phone 5S — the first time the company has made a gold-coloured phone.

Models of the scarce device sold out within minutes of the launch on Friday at Apple stores around the world, prompting a massive clamour for the model on secondary sites such as eBay.com and Craigslist.

According to the auction history for one unlocked 16GB 5S, a buyer bid $10,000 in a sale that attracted 51 bids. However it is possible that the auction was a hoax. since hundreds of other eBay auctions offered similar devices for around $1,000, which itself was a hefty mark-up on the official price on Apple’s website of $649.

Apple sold a record 9 million units of the iPhone 5S and the cheaper iPhone 5C on its weekend launch. Apple’s website says that gold-coloured iPhones will be available for shipping next month.

Other colours of the new iPhone were also in short supply, but the biggest demand was for gold.

Published on September 25, 2013 07:10