An auction house in the United States known as LCG Auctions sold Apple’s first generation iPhone, launched in 2007, for a staggering Rs 32,30,735, more than sixty times its original price. When it originally launched, the unused 1st generation Apple iPhone 8GB was priced at $599 (approx.
The unopened first-generation iPhone at the time of its release in 2007 featured a state-of-the-art touchscreen and web browser, along with a two-megapixel camera and 4/8GB of storage, all included in the box. The phone has never been used and is described as “nearly flawless” according to the auction house.
Steve Jobs, one of Apple’s co-founders, debuted the iPhone in 2007 and described it as a “revolutionary and magical product” that was years ahead of any other model on the market.
Jobs predicted that the iPhone user experience will be the most groundbreaking since the invention of the computer mouse.
The phones proved to be a transformative force and set the standard by which subsequent models are measured.
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The first iPhone was immediately recognized by the public as a groundbreaking device. In 2007, TIME magazine named it the best invention of the year.
Since then, Apple has released a total of thirteen versions of the iPhone, each one always more advanced than the previous one. The latest model, the iPhone 14, was made available to customers in September 2022.