It is a figure that may potentially make late innovator and Apple founder Steve Jobs turn in his grave. An Apple iPhone from the year 2007 fetched an astonishing $190,372.

First-generation Apple iPhone auctioned for 300 times its original price

With the launch of every new model of the Apple iPhone, the price of the device also keeps going up. But despite rising prices, its popularity refuses to ebb. The craze is so high that an unopened first generation iPhone is set to rake in more than $50,000 at an auction, a whopping 80 times its original price.

First generation iPhone likely to be auctioned off for a whopping $50,000

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First-generation Apple iPhone auctioned for 300 times its original price

First generation iPhone likely to be auctioned off for a whopping $50,000