The first-generation iPhone, released in 2007, sold at auction for more than $60,000.

2007 iPhone sold for $63,000

The 8 GB iPhone costs $599 per year. Its owner said that he received the device as a gift. Nearly 16 years later, he decided to bid on LCG Auctions.

Bidding started at $2,500, the device was expected to sell for $50,000. During the auction, the owner received 27 bids. As a result, the device was sold for almost 106 times more expensive than the cost of the model in the year of release – for $63,000.

The owner did not use the phone in 2007 because Apple devices at the time only worked on AT&T networks.

Earlier, Apple released the sales of the used iPhone 13 model.

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Natalia Gormaleva

Source: RB

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I am a professional journalist and content creator with extensive experience writing for news websites. I currently work as an author at Gadget Onus, where I specialize in covering hot news topics. My written pieces have been published on some of the biggest media outlets around the world, including The Guardian and BBC News.


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