|10,000+ Used iPhones on Ebay|
After a quick search on eBay (Nasdaq: EBAY) today we found well over 10,000 used phones that were selling for between $120 to $150 dollars. It is even more amazing to see that well over 33% of these phones are unlocked 3,000+. This means you can take the phone to any 3G GSM carrier around the World or go to T-Mobile in the US and use it on a cheaper data plan than AT&T. Directions how to Unlock iPhone for T-Mobile here.
This is a great deal especially if you want to do a pre-paid phone plan or don't want a long term contract. AT&T (NYSE: T) will be challenged to get $600 for the new iPhone 4 when the iPhone 3GS is also 3G and not 4G. You can also buy a $50 iPhone directly from the carrier but this requires a long term contract and who would want that? If the phone is Verizon you can take the phone to any CDMA carrier. Why is this important? If the T-Mobile and AT&T merger goes through there will only be one USA GSM carrier in the US and that is horrible for consumers.