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Apple's first-gen iPhone sells for over $130,000 at auction, with the 4GB iPhone in 'fantastic condition' with 'almost no physical damage'.
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."
A first-generation 4GB iPhone has been sold at auction for $190,373, which is almost 380 times its original price of $499 when the device first went on sale in 2007. The rare model is 20 times rarer than the 8GB model sold at the time and was discontinued two months after launch.
A first-generation apple iPhone was sold for $190,000 at an auction, which is about 380 times its original price of $499.
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.