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SF Startup Offers To Hold Your Place In Line For iPhone 5

SAN FRANCISCO (CBS SF) - A San Francisco startup is offering Bay Area and New York Apple enthusiasts an opportunity to among the first to buy the new iPhone 5 without waiting hours in line on the sidewalk this Friday.

TaskRabbit, a SoMa-based company that connects busy people with neighbors willing to help with simple chores - for a fee, is offering to wait on the sidewalk in your place for up to four hours. After that point, you will switch places with the TaskRabbit and complete your purchase.

The $55 service is available at three San Francisco locations, the Palo Alto Apple Store and three New York City shops.  After purchasing, individuals are required to schedule the exact waiting widow with Task Rabbit.

The company's regular business model is to have customers create tasks and name the price they would be willing to pay. The iPhone flat fee service is an experiment, according to the company.

Online preorders for the iPhone 5 topped 2 million in their first 24 hours last Friday, more than double the amount of its predecessor over the same period.

The company also says that while most orders will be delivered this Friday, demand for the iPhone 5 exceeds the initial supply, so some of the devices are scheduled for delivery in October and heavy demand is expected in stores.

(Copyright 2012 by CBS San Francisco. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

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