VIDEO: PRICE IS RIGHT Contestant Has No Idea What an iPhone Costs!

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On the year-ending episode of CBS's long-running game show THE PRICE IS RIGHT, a contestant guessed that iPhone was worth $7500. To make matters wackier, her opponent tries to outbid her by upping the estimated cost to $7501! Check out the clip from the show below!

Television's longest-running game show, featuring host Drew Carey, where audience members try to win cash and prizes. The show premiered in 1972.

THE PRICE IS RIGHT airs 10 am weekdays on the CBS network.

Photo/video courtesy of TODAY

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