1st Generation iPhone Just Sold for Big Bucks

It belonged to a member of the original Apple engineering team when the iPhone came out.

An unopened first-generation iPhone just sold at auction for a record-breaking 190-thousand dollars. That’s more than 317 times the original retail price of five-hundred-99 dollars when it was first offered in 2007. This phone is considered the holy grail for iPhone collectors. That’s because it’s four gigabytes, which was discontinued after about two months because customers preferred the eight gigabyte version. The auction company says it’s the first four gigabyte factory-sealed version to surface. It belonged to a member of the original Apple engineering team when the iPhone came out.