According to news site Vicarious Music a line has formed at Apple’s flasgship 5th Avenue store in New York. The line which currently consists of two people is in the exact same place where people began queuing for the opening of the Fifth Avenue store, one year ago.

Line forms outside Fifth Avenue Apple StoreLine forms outside Fifth Avenue Apple Store

Planning to queue for an iPhone? World of Apple is looking for people to report live from iPhone lines across the country. Contact World of Apple here to have your chance.

[Updated - 26 June 2007 8.30 BST] - It appears that the person who is first in line has set-up a blog chronicling his stay.

Gizmodo has also posted a short interview with the guy.