WWDC 2011, Apple’s annually developer conference has sold out in under 12 hours! And at tickets at $1,599 each Apple don’t need to sell iPhones to rake it in.

Will we see the iPhone 5? I don’t know, it would be unlike Apple but you never know.

Also those $1,599 tickets have hit eBay at ‘Buy It Now’ $4,599′ and current bids are $3,500 and ever increasing. What some people will pay! For most of us we will se the event via Engadget live pictures and Apple’s video afterwards.