We’re used to Apple’s products holding their value for longer than other devices, but it’s not often that one appreciates in value by 5,000 percent. But that’s exactly what happened here: An Original iPhone unopened from 2007LCG Auctions sold the property for a cool $39339.60. That’s roughly 50 times the original $599 MSRP.
For those who don’t remember, Apple’s first iPhoneThe model had a 3.5 inch display, 8GB of storage and 2.75G EDGE network. Assuming this model works, it would be nigh unusable as has no App Store and can’t be updated beyond iOS 3.
However, as a piece of Apple history and nostalgia, it’s priceless. Steve Jobs unveiled the iPhone at Macworld San Francisco in January 2007. It instantly changed the landscape. The iPhone revolutionized smartphones that had tiny screens and keyboards, and introduced multitouch and autocorrect.
The final bid was nearly $40,000 higher than the $35,000 Someone paid for a used iPhoneBack in August. That price would allow you to purchase 20 iPhone 14 Pro Maxes, and have a few thousand for cases or an Apple Watch Ultra.
In June 2007, the original iPhone was released. The iPhone 3G came a year later and included faster mobile connectivity. Apple has released an iPhone model every year ever since. iPhone 14Arriving in September