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HomeNewsTrendsUnboxed original iPhone from 2007 put up for auction. It sells for…

Unboxed original iPhone from 2007 put up for auction. It sells for…

The iPhone was first introduced by Apple co-founder Steve Jobs in 2007 as a "revolutionary and magical product" ahead of any other model.

October 19, 2022 / 10:03 IST
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(Image credit: lcgauctions.com)

The iPhone's OG version from 2007 has been auctioned for an amount more than 60 times its original price, proving its value as a prized collectible.

The boxed phone, a "first-release" example reported to be in exceptional condition, came with a two-megapixel camera, storage of 4/8 GB, an innovative touch screen and a web browser.

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When it was first released, its price was $499 to $599.

On Sunday, the model's first-release example was auctioned for $39,339.60 by US-based LCG Auctions.