An unopened first-generation iPhone from 2007 in its original box could auction for more than $30,000 — 50 times its original price
first-generation iPhone
from 2007 is currently on the auction block, and the auction house listing it estimates it could fetch $30,000 or more. The unused 8GB iPhone is still unopened in its original box. It cost $599 when it was first released, meaning it would be auctioning for 50 times its original price if it is sold for the $30,000 estimate.. When the late Apple co-founder and CEO Steve Jobs first introduced it 15 years ago, he called it a combination of"an iPod, a phone, and an internet communicator" all in one.
says."Collectors and investors would be hard pressed to find a superior example. Relevance and rarity comprise a winning formula for this red hot collectible." There have been 16 bids for the phone so far, starting at $2,500. The top bid as of this writing is $10,446. The auction ends Sunday afternoon.Subscribe to push notificationsNOW WATCH: Top 9 features coming to the iPhone in iOS 12
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