'Rare First-Gen iPhone Fetches Record-Breaking $190,000 at Auction'

1 min read
Source: Ars Technica
'Rare First-Gen iPhone Fetches Record-Breaking $190,000 at Auction'
Photo: Ars Technica
TL;DR

An original 4GB iPhone, discontinued by Apple after just two months, has been sold at auction for a record-breaking $190,373. The factory-sealed device, in exceptional condition, was considered a "Holy Grail" for collectors due to its rarity. The sale price represents a 38,051 percent markup from its original $499 MSRP, surpassing expectations. Another first-gen iPhone with 8GB of storage also sold for $53,725.20 in the same auction.

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