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1st-gen iPhone sold for $55K at auction; not the first time - Vimarsana News

1st-gen iPhone sold for $55K at auction; not the first time

The device originally cost $599 when it was first introduced in 2007, so this is a surcharge of more than $54,000.

Unopened First-Generation iPhone Expected To Fetch More Than Rs $50,000 At Auction - Vimarsana News

Unopened First-Generation iPhone Expected To Fetch More Than Rs $50,000 At Auction

The first iPhone, which retailed for $599 (Rs 49,225), featured a 3.5-inch screen with a 2-megapixel camera, as well as 4 GB and 8 GB storage options.

Source: ndtv.com