First-gen iPhone sells at auction for almost 380 times its original price, ET Telecom
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."
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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.