A first-generation iPhone sold at auction for $190,373, almost 380 times its original price of $499 when the groundbreaking device went for sale in 2007.
, almost 380 times its original price of $499 when the groundbreaking device went for sale in 2007.
LCG Auctions, which hosted Sunday’s sale, said the 4GB iPhone model was 20 times rarer than the 8GB model released at the same time for $599. That’s largely because the 4GB model was discontinued two months after launch given customer preference for the larger memory size. “A new bar was set Sunday night,” said Mark Montero, the founder of LCG Auctions. “We are thrilled to be a part of this fantastic record breaking sale.”The union representing port workers in the province of British Columbia has rejected a mediator’s tentative agreement meant to end a labor dispute that stopped goods moving in and out of harbors, including at Canada’s busiest port in Vancouver.
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First-gen iPhone sells at auction for $190K — almost 380 times its original priceLCG Auctions, which hosted the sale, said the 4GB iPhone model was 20 times rarer than the 8GB model released at the same time for $599.
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