Sealed original Apple iPhone sells for whopping US$158,000

The original iPhone 4GB model was priced at US$499 (RM2,270). This means that the sealed model sold for the price which is roughly 318x costlier than the launch price. — LCG Auctions

Over the past year, there has been a noticeable increase in the number of sealed original iPhones appearing at auctions. However, the initial hype surrounding these auctions seems to have diminished in recent months, following a peak in February when a record-breaking sale reached US$63,000 (about RM286,000). Since then, both demand and prices for these devices have experienced a decline.

But recently, a factory sealed original 2007 Apple iPhone was put up for auction. Surpassing all records, the device sold for a whopping US$158,000 (RM719,000).