Apple’s iPhone First Edition 15 year Old Sold Out For Nearly $40,000

By | October 18, 2022

Apple is well known mobile manufacturing brand. This is one of the beloved Mobile companies due to its advanced features and security. After blackberry, the Apple iPhone Models are the only Devices that top the list of most security-rich devices.

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Iphone 1 is now 15 years old but it still remembers by users. We know that people love old technology phones but spending nearly $40,000 for just Iphone 1 is crazy. This weekend, A bidder paid $39,339.60 for iPhone 1.

This Iphone is 15 years old now and was introduced first in 2007 by the late Apple Company CEO Steve Jobs. A bidder paid for a factory-sealed Iphone’s first edition smartphone. The smartphone consists of 8GB Storage.

We know 8GB is more than enough at the time of the iPhone’s first edition launch. But now it’s a bit difficult to run the smartphone with 8Gb Storage. Some apps can cover 4GB storage easily after being installed on Smartphone.

But We think that bidder who paid for the first edition Iphone might not buy it for daily usage. The only motive of a bidder is to buy and put in a collection of some valuable rare things. LCG Auctions sold this rare iphone edition on Sunday.

Iphone First Edition’s original price is $599 in 2007 and goes to $852 in 2022 due to inflation. The price gradually grows in 2023 with an opening bid of $2,500 which is the first step to making it a five-figure amount.

Also Read: Apple Planning To Redesign Messages App In Coming Year

Thoughts Of LCG Auctions Founder

LCG Auctions founder Mark Montero revealed they are expecting a boom in price from the beginning. But to be honest, No that much. He further added that first-edition iphone bids cross the milestone of $10,000 in the afternoon on Sunday.

Mark Montero is very happy after selling iPhone’s first edition at a record-setting amount. He congratulates the bidder and new owner of the factory-sealed iPhone’s first edition smartphone with 8GB Storage.

The late CEO of the apple company, Steve Jobs introduced this masterpiece first time in 2007 at the Macworld convention in San Francisco, CA. The company sold millions of units afterward. The bidders are very very excited to bid for this smartphone at auction on Sunday.

There is no marketing was required to sell this masterpiece by LCG Auction company. There is no aftermarket sticker on the box of the Iphone’s first edition smartphone. It comes with a 2-megapixel.

Steve Jobs Step That Changed Mobile Technology

Steve Jobs took that stage to introduce something that changes mobile technology forever. At that time, Blackberries are one of the beloved smartphones among people. Music players and internet devices are available separately at the time of Iphone first edition release.

Apple’s iphone 1 is the first phone to offer a music player and internet simultaneously. Now you can imagine how this device hit the market of phones. People are very curious to buy units of this masterpiece at that time.

The interface of the phone is quite good and comes with a 3.5-inch touchscreen with some advanced features that are challenging for competitors. Navigation of the First edition iPhone is very smooth and durable.

Also Read: Some Apple Workers Voted For Strike Over Pay

We know These features do not please you now, but they were amazing then. Some of the offered features were unheard of in the smartphone world. Apple charges a handsome amount of dollars due to its high-quality features.

The 4Gb storage variant cost around $499 at that time. On the other hand, an Upgraded variant with 8GB was available at the price of $599. Iphone 1 variant comes with a 2-year contract through Cingular. Which was the partner of apple company in the USA.

There were some rumors spread over the market about the flop of Iphone first edition due to its high price. Even Microsoft’s CEO at the time, Steve Ballmer thinks that iPhone would be a flop. According to him, Windows phones are the best at that time and there is no competition for them

Apple’s iPhone 14

Iphone first edition
Credit: Unsplash

This edition of the iphone is not even close to the Latest iPhone 14 variant. The recently released Iphone model consists of 128GB Storage with 12 Megapixel Camera with a wide-angle lens. This is what you can expect from newer smartphones due to the growth of technology in the past couple of years.

Many other advanced features will include shortly such as the Satellite feature. Which will help to communicate in low network range areas. There are many underdeveloped areas where setting up a network is a bit difficult.

iPhone 14 comes in Four variants standard iPhone 14, iPhone 14 Plus, iPhone 14 Pro, and iPhone 14 Pro Max. All of them are running on the newly launched operating system IOS 16. Apple iOS 16.0.3 Released and you can upgrade to remove bugs and get security improvements.


We hope that you learned something new about Apple and its Iphone’s first edition. Rarity is the thing that comes into the mind of a bidder who bought the iphone 1 at a price of nearly $40,000. The buyer might put it in the collection of rare things he had.

That’s all from our side. If you think that this article is helpful for you then share it with your friends and family. Don’t forget to bookmark the website for more interesting articles. Thanks!

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