Business news from Ukraine

First-generation iPhone could be sold for $50,000

10 February , 2023  

A 2007 smartphone with 8GB of memory that’s still sealed in the box could fetch its owner Karen Green quite a bit of money. The woman said the phone was a gift from her friends.
“In 2007, I got a new job, and my friends bought me the newest, first-generation iPhone. It had everything for the new job, like a calendar,” Green said.
But despite all the useful features of the new phone, she didn’t want to part with the old one. Green decided for herself that the iPhone would never get old.
Most likely, Greene’s friends bought the phone for $499 $599. At the LCG Auctions auction the starting price for the gadget was $2.5 thousand, but experts suggest that in the end the lot will go for $50 thousand.
This is not the first time, when the iPhone of the first generation goes under the hammer. In August, one such phone was sold for $35.4 thousand, and in October – for $39.3.