eBay profits from iPhone 4 sell-off

Auction site eBay looks set to benefit from a surge of sales of second hand Apple iPhone 4s as Apple fans look to sell off their old model ahead of the expected announcement of the iPhone 5 tomorrow.

In the US third party companies have been offering a blanket $250 for a second hand iPhone 4 but such prices are easily bettered by selling directly on eBay.

In the UK prices are much higher with O2 locked phones going for up to 265 and unlocked models fetching over 275.

PCR has the full story.