TECHNOLOGY

An original 2007 iPhone sold for more than $63,000

Technology evolves rapidly, and what was once considered innovative and modern can quickly become obsolete.

However, for some people, nostalgia for the past is so strong that they long to own items that represent a bygone era.

That is why it should come as no surprise that an original iPhone from 2007, the first smartphone marketed by Apple, has been recently sold for more than $63,000. This photo gallery will allow us to explore the details of this rare and expensive item and discover its significance to technology enthusiasts. (Source: auction.lcgauctions.com)

https://auction.lcgauctions.com/
An original iPhone from 2007 sold for more than $63,000
An original Apple iPhone from 2007, which is now a highly sought-after collector's item, was recently sold at auction for more than $63,000. This photo gallery will allow us to explore the details of this rare and expensive item and discover its significance to technology enthusiasts. (Source: auction.lcgauctions.com)
Von Carl Berkeley from Riverside California - iPhone First Generation 8GBUploaded by Partyzan_XXI, C
Record breaking price
Considered today an investment as well as a collector's item, early models of iPhone are being sold at very impressive prices. The model we are talking about is the first iPhone by Apple (1st generation) 8 GB memory, marketed in 2007, and  sold for an extraordinary price of $63,356.40.
https://auction.lcgauctions.com/
Original box
The phone was up for auction on the "LCG Auctions" website and was presented still sealed inside the original box. The iconic box featured a life-size image of the iPhone with 12 icons on the screen. The fact that the phone had never been used and even never taken out of its original packaging is a virtue that greatly raises the value of the item.
https://auction.lcgauctions.com/
Launch price
The launch price at which the phone was put on the market was about $500. This means that the amount paid by the buyer to secure this sought-after collector's item amounts to more than 100 times the original price. It must be considered, as mentioned above, that the perfect condition (never used and supplied inside the original box) caused the price to be raised a lot.
Photo by David Paul Morris/Getty Images
Presentation
The iPhone was first introduced by Steve Jobs on January 9, 2007 at MacWorld in San Francisco and was one of the most important inventions of our lifetime. In fact, the iPhone changed the smartphone industry forever, quickly becoming the most successful product of Apple, to the point of being named "Time Magazine Invention of the Year in 2007.
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