Iphone Auction News Today

Iphone: "A new bar was set Sunday night," said Mark Montero, the founder of LCG Auctions. "We are thrilled to be a part of this fantastic record breaking sale."

This particular iPhone, a pristine 4GB model still wrapped in its factory packaging, was in exceptional condition, according to the auction listing

The first-generation iPhone (2007) has become the most expensive iPhone ever sold. We have listed down the various times this iPhone has sold up at jaw-dropping prices. We also try to understand why is it valued so much.

The model was said to be rarer than the 8GB iPhone. You might want to rifle through your things for old tech that you may not have unboxed yet. It seems that people are willing to spend a huge sum to acquire them as a first-generation 4GB iPhone was sold for over $190,000 in an auction.

The report revealed that this rare iPhone came from a former Apple engineer that worked on the smartphone.

An original, still-boxed iPhone sold at auction in February for what was then a record $63,000. But on Sunday another one sold for way, way more.

An untouched, factory-sealed original 4GB iPhone has fetched an unprecedented ₹1.3 crore at auction, setting a new world record and highlighting the enduring allure of vintage Apple products., Technology & Science News, Times Now

With passing time, obsolete models of iPhone and other Apple products like iPod have exponentially grown in value in some cases.

For the second time in six months, an unopened first-generation iPhone has sold for a record price at auction.

The smartphone is the first model of the iPhone to ever be introduced to the world back on Jan. 9, 2007.