Jul 17, 2023
Apple iPhone from 2007 sells for $190,000 at auction
There are some special cases, as seen at an auction in the US, where a first-edition, unopened 4GB model sold for $190,372. Not many of these were made at the time, leading the model to be considered the "Holy Grail" by iPhone collectors. The final fee includes the administration costs on top of the hammer price paid to the auction house by the buyer, known as a "Buyer's premium". First released in 2007 by the-then Apple CEO Steve Jobs, the tech giant made the decision to discontinue the 4GB model just two months after it was launched, due to lagging sales. Every few months, some rare Apple memorabilia or relics of Mr Jobs' life and career sells at auction.
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