A first generation iPhone fetches $63,000 at auction

A first-generation 2007 iPhone sold for more than $63,000 in an online auction Sunday, more than 100 times its original cost. Dubbed a “first-edition” device by auctioneer LCG Auctions, the box had never been opened.

​A first-generation 2007 iPhone sold for more than $63,000 in an online auction Sunday, more than 100 times its original cost. Dubbed a “first-edition” device by auctioneer LCG Auctions, the box had never been opened.