A first-generation iPhone sells for almost 380 times its original price of $US499 ($735) when it first went on sale in 2007.

  • Parallax@kbin.social
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    1 year ago

    Part of me wonders if this isn’t laundering in some fashion… kinda like how ultra rich people buy and sell art for millions to avoid taxes, often without the artwork ever leaving the warehouse.

    • UnhappyCamper@kbin.social
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      1 year ago

      Yeah, I’m struggling to understand why an original iPhone would sell for that amount, it doesn’t make any sense. Apparently others have sold for ridiculous amounts as well. Apparently being factory sealed and bring a 4GB model matters. But come on, these things are only 16 years old and nothing special. What gives?