First generation iPhone sold at auction for $55,000

San Francisco (IANS) | The first generation sealed iPhone has been sold at auction for $54,904 (about Rs 45 lakh).

It originally cost $599 when it was first introduced in 2007, so that’s a surcharge of over $54,000, reports MacRumors.

A former Apple employee who bought the original iPhone when it was released has put it up for sale at RR Auction.

An ‘undiscovered’ Apple-1 computer was also sold by RR Auction for an undisclosed amount, along with other Apple products and memorabilia that fetched high prices.

About $4,000 was paid for an iPhone 11 signed by Apple CEO Tim Cook, $12,500 was spent on a Steve Jobs-annotated technical manual and a Steve Jobs business card was sold for $6,188, the report said.

Last month, it was reported that the first-generation iPhone was sold at an auction for a record-breaking price of $63,356 (roughly Rs. 52,00,000), which was the highest ever sale for the original 2007 iPhone.

Meanwhile, in August last year, a first-generation 2007 iPhone in a sealed box was sold at an auction in the US for $35,000 (roughly Rs. 28 lakh).

–IANS