Factory-sealed first-generation iPhone sells for over US$63,000


According to United Press International (UPI), Karen Green, the device's original owner, said she received it as a gift in 2007 and decided to leave it in the box. — LCG Auctions

WASHINGTON: A first-generation iPhone, still unopened and plastic wrapped in the box, was auctioned for more than US$63,000 (RM280,000).

Louisiana-based LCG Auctions said the iPhone, dating from 2007, fetched a high bid of US$63,356.40 (RM281,239) before the auction closed on Sunday.

According to United Press International (UPI), Karen Green, the device's original owner, said she received it as a gift in 2007 and decided to leave it in the box because she had just gotten a new phone and didn't need to replace it.

Green, who operates a tattoo shop in New Jersey, said she became interested in the value of the vintage phone when she heard about another unopened iPhone selling for US$40,000 (RM177,560).

Green took the phone on a 2019 Treasure Hunt segment for the television show Doctor & The Diva, and was told the phone would likely sell for about US$5,000 (RM22,195), it reported.

The estimate turned out to be quite an understatement when the phone, which originally retailed for US$599 (RM2,658), sold for US$63,356.40 (RM281,239). Green said the proceeds will be invested into her tattoo shop. – Bernama

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Tech News

Computer parts maker Logitech's fourth-quarter sales rise
This AI could anticipate extreme weather events
Samsung says AI to drive technology demand in second half
Chipmaker NXP forecasts Q2 profit above estimates on industrial demand recovery
UnitedHealth hackers took advantage of Citrix vulnerabilty to break in, CEO says
Paramount replaces CEO with trio as it talks merger with Skydance
Axel Springer to migrate some cloud applications to Microsoft's Azure
Experts, politicians call for scrutiny of Venezuela's use of cryptocurrency
Crypto company Tether invests $200 million in brain-chip maker Blackrock Neurotech
EU to probe Meta over handling of Russian disinformation, FT reports

Others Also Read