Now, I paid $500 to early upgrade to my iPhone 5, but after sweet talking AT&T into crediting me back $217 of the early upgrade fee and selling my 4S, I actually ended up profiting $50 from the deal. I have my iPhone 5 listed on ebay right now and within 2 hours the bids are already up to $810. I thought you could just go buy one outright for $600 at an Apple store/retailer. Any ideas why people would be paying these extreme prices? Is it just because they're not in stock other places and they are so desperate to have it that they'll pay hundreds of dollars more? However, I'm obviously not complaining one bit. I'll GLADLY take the money and skip merrily all the way to the bank. But it just peaks my curiosity why people do it. Thoughts?