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1st-gen iPhone sold for Rs 45 lakh at auction

A former Apple employee, who bought the original iPhone when it was released, placed it for sale on RR Auction.

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San Francisco: A first-generation seal-packed iPhone was sold for $54,904 (around Rs 45 lakh) at auction.

The device originally cost $599 when it was first introduced in 2007, so this is a surcharge of more than $54,000, reports MacRumors.

A former Apple employee, who bought the original iPhone when it was released, placed it for sale on RR Auction.

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

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

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

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

This post was last modified on March 20, 2023 4:15 pm

Indo-Asian News Service

Indo-Asian News Service or IANS is a private Indian news agency. It was founded in 1986 by Indian American publisher Gopal Raju as the "India Abroad News Service" and later renamed. The service reports news, views and analysis from the subcontinent about the country, across a wide range of subjects.

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