The first-generation iPhone was launched in the US at a price of $599 (approximately Rs 49,200 as per today's currency rates) in 2007. The iPhone in question here is an 8GB variant and it has been sold for a whopping $39,339.60 (approximately Rs 32,34,000), as per LCG Auctions, the company which held the auction for the smartphone.via ©Times Of India
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