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Tue21052013

A Man Reserves Iphone 5 for $200,000

iphone

PNN

On Friday 14th September, a man lives in Dubai reserves the first Apple iphone 5 for $200,000, around 200 times the iPhone 5's estimated price.

The Pan-Arabia Enquirer newspaper published today that the form is willing to buy the iphone, to ensure he is the first in the Middle East to receive the smartphone when it hits shelves later this month before anyone in the Middle East.

The newspaper also added that the Lebanese, earlier this year, ordered the first iPad 3 in the UAE for $500,000.