In today’s world, iPhones are the most popular smartphones that millions of people around the globe own. While the latest versions of iPhones come with stunning features, have you ever thought an original iPhone from 2007 could cost $63,000? Yes, you heard it right, an original iPhone sold for $63,000.
Let's dive deeper and discover how an old iPhone could be worth such a fortune.
The history of the original iPhone
Michael Potuck/ 9to5 | Apple CEO Steve Jobs unveiled the first iPhone on Jan. 9, 2007
The introduction of the first smartphone with a multi-touch interface in 2007 marked an enormous technological breakthrough and drastically changed the mobile phone industry. This invention expanded the possibilities of how people interact with phones, enabling them to carry out various tasks much more effectively than ever before. Thanks to this landmark advancement, touchscreen phones are now widely used worldwide, transforming communication and giving people more accessible access to information than ever. The effects this new technology had on both industry and life, in general, were immense, leaving no stone unturned and dramatically enhancing our lives.
The original iPhone was first launched on June 29, 2007, by Apple Inc. It was a revolutionary device that changed the world of mobile phones forever. Its sleek design, touchscreen interface, and advanced features quickly gained popularity among consumers.
The first-generation iPhone was only available in the United States, exclusively on the AT&T network. It was priced at $499 for the 4GB model and $599 for the 8GB model. The original iPhone featured a 3.5-inch display and a 2-megapixel camera and was powered by Apple's AOS operating system.
Why did the original iPhone sell for $63,000?
The original iPhone, sold for $63,000, was not just an ordinary iPhone. It was one of the first 500 iPhones that were ever made. The device was in its original packaging, unopened, and pristine. LCG Auctions handled the auction, which opened at $2,500 on 2 February and closed on Sunday after 27 bids.
Michael Potuck/ 9to5 | Apple has sold over 1 billion iPhones
The high price of the original iPhone can be attributed to its rarity, history, and importance in the tech industry. The device is considered a collector's item and is highly sought by tech enthusiasts and collectors worldwide.
The market for vintage technology
The market for vintage technology has been growing in recent years. From classic cars to vinyl records, people are willing to pay top dollar for vintage items. The tech industry is no different; the original iPhone is just one of many devices that have become valuable collectibles.
Other vintage tech items in demand include the original Apple Macintosh computers, the first-generation iPods, and classic gaming consoles like the Atari 2600 and the Nintendo Entertainment System (NES).
AP/ Insider | The iPhone 1 allowed one to use their finger to control the device
Final thoughts
The sale of the original iPhone for $63,000 proves there is a market for vintage technology. While most of us see our smartphones as disposable items we replace every few years, others see them as valuable collectibles worth preserving.
It's fascinating to see how a device that was once so revolutionary has become a collector's item in just over a decade. Who knows, maybe our current iPhones will be worth a fortune in another ten years. But for now, we'll have to settle for their amazing features and technology.
