i-Insanity …

By Michael Santo
Executive Editor, RealTechNews

Insane, insane. I suppose if you have enough disposable income, and couldn’t wait … the iPhone went on sale about an hour ago on the East Coast, but if you couldn’t get to a store, there’s always eBay.

As you can see from above, there was an auction with a BuyItNow price of $1299. And it sold.

We Say: Shoot, he didn’t even get free shipping ($14.99) and no shipping insurance? The auction didn’t say insurance was included in the shipping, either. And here’s the kicker (from the auction):

“If for any reason I don’t get the iPHONE I will refund the payment to the winner first thing Saturday morning 6/30.”