LCG Auctions, which held Sunday’s sale, said the 4GB iPhone model was 20 times rarer than the 8GB model released at the same time.
Has a first-generation iPhone It sold at auction for $190,373, almost 380 times its original price of $499 when the flagship device went on sale in 2007.
LCG Auctions, which held Sunday’s sale, said the 4GB model of the iPhone was 20 times rarer than the 8GB model released at the same time for $599. This is largely because the 4GB model was discontinued two months after launch due to customer preference for the larger memory size.
“A new bar was set on Sunday evening,” said Mark Montero, founder of LCG Auctions. “We are thrilled to be part of this incredible record sale. »
It’s the third original iPhone to sell for record prices at an auction last year. 8GB model It sold for $63,356 in February and another 8GB model It fetched $39,340 in October 2022. All were factory sealed in their original packaging.
The iPhone is one of the most successful electronic products in the world and helped make Apple the first public company with a market capitalization of $3 trillion. The Cupertino, California-based company hit the milestone 16 years after selling the first iPhones.
Associated press
