Last week during my show I was jumped down from standing on top of a piano my iPhone popped out of my breast pocket and the glass touch-screen broke. So now I have to figure out a way to replace the screen since it is not covered by warranty. But during my research I discovered that once again there exists an arbitrage opportunity with the new model iPhone 3GS going on sale. Since you must activate service when buying a new iPhone, people who want to “jailbreak” the phone to use on unapproved networks are buying up the (used) older models privately for more than I will have to spend to purchase the new model. So once I replace the touch-screen, I will sell the old 3G model on Craigslist for $300, and spend $200 for the new 3GS model.
Update: After a visit to the Apple store and a long phone call involving supervisors, I got Apple to agree to replace the phone because of a problem I'm having with a sticky home button.
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