A first-generation iPhone that was still unused and in its original factory-sealed packaging was sold at an auction for an astounding $63,356.40. Initially, the 8 GB phone was expected to bring in a minimum of $50,000 but made much more money. Given that the phone initially cost $599 in 2007, this is a remarkable accomplishment. The phone grabbed the attention of many relic collectors when it started receiving 100x price on the original cost of the phone in 2007.
The first ever smartphone from the house of Apple proved to be a cutting-edge gadget. It consisted of a touchscreen, web browser, and 2-megapixel camera. The phone was available to buy in two variants; $499 model with 4 GB of storage or the $599 model with 8 GB of storage. In 2007, the iPhone quickly became the top selling Apple product. Also, the Time Magazine featured this first generation gadget as the invention of the year.
Also Read:Baidu’s AI Language Model Ernie Bot Set To Shake Up The Industry
When Karen Green, the seller of this decade old iPhone, began a new job in 2007, her friends gave her the phone as a present. She didn’t want to transfer cellular providers in order to activate the iPhone, though, as she already had a new phone. So, the phone remained in sealed condition for more than 12 years until she had it appraised on the daytime TV programme “The Doctor & The Diva” in 2019. The resident appraiser for the programme at the time gave it a $5,000 value.
But, Green noticed in October that a brand-new, unopened iPhone went for $39,339 in a previous LCG auction. Green made the decision to sell the phone after saving it for all those years in order to fund her New Jersey cosmetic tattoo parlour, which is her current line of work. “I am selling this iPhone because I need to sustain this business,” she said.
It’s incredible that the phone received a whopping price. It proves that the iPhones are still a high priced possession for many users even after all these years. Over the years, Apple has improved far in terms of its technology and product line. However, it is still intriguing to imagine what Apple has in its fold for us in the future.
