High School Student Makes Big Bucks Selling White iPhone 4 Parts

Paul Lilly

Jonesing for a white iPhone 4? You're not alone, though for the most part, you are out of luck. Apple doesn't plan on selling the long delayed white version of its latest smartphone until Spring 2011 , which is good news for Fei Lam, a 17-year-old high school student living in New York.

According to The New York Observer , Lam managed to make a connection with someone working at Foxconn, Apple's supplier of 137,000 iPhone 4 devices each day. Through that connection, Lam was able to scoop up some white iPhone 4 parts, which he then started selling through his website, WhiteiPhone4Now.com . To date, Lam has sold more than $130,000 worth of parts, and according to Lam, he's also drawn the attention of Apple.

"I got an email from a private investigator accusing me of selling stolen goods, which I'm 100 percent sure is not the case," Lam said. "They are some kind of anti-counterfeit/trademark firm, which sounds ridiculous, similar to what Apple is bringing up to remove White iPhone 4 listings on eBay. I don't know how this legal stuff works."

He may want to figure out "how this legal stuff works" fast. As The Observer points out, a 49-year-old woman in Kansas was recently found guilty of selling stolen goods on eBay, a federal offense on a number of levels, including conspiracy (up to five years and a fine up to $250,000), wire fraud (up to 20 years and up to $250,000), and mail fraud (up to 20 years and up to $250,000).

Image Creit: whiteiphone4now.com

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