Tough luck, unless you're some mogul's kid. Spotted, yesterday at the beach resort up the coast from Los Angeles, the year's most anticipated new gadget, only available to humble mortals in June. Numair Faraz reports: "Further proof that Malibu is the most spoiled place on earth... While at the grocery store, today, I saw what must have been a 13-year-old boy, with a new iPhone, taking photos of random things. Guessing game: which Valley executive's kid?"

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