Psst! Want a white iPhone 4? Ask this kid

TEEN making a fortune selling Apple geeks' holy grail, months before model's official release.

The colour of money: Even though Apple isn't due to release the white iPhone 4 until next year, people are paying Fei Lam's site hundreds of dollars to get one

TO Apple geeks it is the holy grail - the white iPhone 4.

And one teenager from New York can bring it to you, months before the model's official release from Apple.

According to the New York Observer, Fei Lam, 17, has made more than $130,000 selling iPhone 4 white conversion kits on his website even though he has been warned he may be breaking the law.

In fact, Apple itself is going after him, having spent most of the year failing to get its own version to market and facing rumours it has given up producing a white iPhone entirely.

It was due to launch the white version of the phone in July this year but this date was put back to late 2010 and then delayed again until spring 2011because of design and manufacturing issues.

Fei managed to buy white iPhone 4 parts earlier this year from contacts he has at Foxconn in China - despite the fact the white phone will not be launched by makers Apple until next spring, the New York Observer reports.

He began selling the kits on his website, whiteiphone4now.com, and quickly found he was besieged by orders from people willing to pay up to $279 for a white fascia for their phone, which is currently only available in black.

"I'm very thankful, cause for months I was struggling for an idea that would bootstrap my first startup and help pay for college," he said.

However, he said he received a threatening legal letter this week, warning him to stop selling the parts, "I got an email from a private investigator accusing me of selling stolen goods, which I'm 100 percent sure is not the case.”

Now it turns out the investigator, Jimmy Robbins, was working for Apple.

Fei hired a lawyer who called Mr Robbins, who told him that Apple had taken him off the case and was now handling it personally.

Fei said he had no plans to take down the site, but was concerned by the news that Apple was taking the case more seriously.

"I'm feeling pretty stressed, knowing it's the Almighty Apple who is coming after me," he told the Observer.

Read more at the New York Observer.