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Home»Mobile Tech»Rare Factory-Sealed OG 4GB iPhone Hits the Auction Block, Could Bring as Much as $100,000
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Rare Factory-Sealed OG 4GB iPhone Hits the Auction Block, Could Bring as Much as $100,000

March 12, 2024No Comments3 Mins Read
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An excellent uncommon authentic 4GB 2007 iPhone has been put up for public sale, and if earlier auctions are any indicator, the iPhone may convey $100,000 or extra at public sale.

LCG Auctions is presently auctioning the sealed and unopened 4GB 2007 iPhone which opened with a beginning bid of $10,000. On the time of this writing, the present bid is $11,000, however with the public sale set to finish on March 24, there’s loads of time for that quantity to go a lot larger.

The unique 4GB iPhone mannequin is uncommon, as Apple discontinued the 4GB model on September 5, 2007, just a bit greater than two months after its preliminary launch. LCG Auctions believes that the public sale’s closing bid will attain over $100,000.

In July 2023, a new-in-box sealed 4GB authentic 2007 iPhone fetched a record-breaking bid of $190,000 at public sale — near double what the handset was initially anticipated to promote for.

When it launched on June 29, 2007, the unique iPhone was offered in two storage configurations: 4GB and 8GB. The 4GB mannequin offered for $499, whereas the 8GB model went for $599.

The 8GB iPhone mannequin proved far more widespread than the 4GB mannequin, and Apple dropped the smaller capability model from its lineup after solely 68 days available on the market. On the identical time, the now-standard 8GB iPhone was diminished to $399 — $100 lower than what the 4GB iPhone mannequin initially offered for — and the remaining 4GB models have been offered for $299.

The 4GB mannequin was finally changed with a mannequin that includes a bigger 16GB storage capability, however that didn’t occur till six months later, in February 2008. The 8GB iPhone remained on sale for practically a 12 months earlier than being formally discontinued by Apple when the iPhone 3G was launched on June 15, 2008. The 16GB mannequin was discontinued alongside the 8GB model, after solely 4 months available on the market.

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The 4GB iPhone’s quick availability is what makes it the rarest of the first-generation iPhone fashions, particularly when it’s nonetheless sealed within the authentic field.

Apple started creating a smartphone in 2004 when the Cupertino agency started gathering a group of 1,000 staff, led by design officer Jony Ive, software program engineer Scott Forstall, and {hardware} engineer Tony Fadell.

Whereas the unique focus was reportedly creating a pill, then-CEO Steve Jobs steered the main target towards a cellphone. The system was created with the cooperation of Cingular Wi-fi (recognized later as AT&T Mobility) and had an estimated growth value of $150 million. The event timespan lasted greater than thirty months.

Jobs unveiled the primary iPhone on January 9, 2007, through the Macworld convention on the Moscone Middle in San Francisco. The brand new system sported a 3.5-inch multi-touch display screen and just a few {hardware} buttons, in comparison with the cell telephones of the day, which have been all {hardware} buttons. The unique iPhone ran the “iPhone OS” working system and had a touch-friendly interface. It launched on June 29, 2007.

In different Apple-related public sale information, final week a 1976 “Apple Laptop Firm” test signed by Apple co-founder Steve Jobs went up for public sale. The test, dated July 8, 1976, was written to Pacific Phone to pay Apple’s $201.41 cellphone invoice.

The test is a part of an public sale being held by RR Auctions, referred to as the “Steve Jobs and the Apple Laptop Revolution” assortment. The public sale will finish on March 21, 2024.

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