At an auction in the United States, a 4GB first-edition, unopened Apple iPhone from 2007 sold for an astonishing price of $190,372.80.
This is a surprising turn of events, given that the value of iPhones usually drops significantly as soon as they are purchased.
There were not many of these iPhones made at the time, making this one highly sought after by collectors and known as the "Holy Grail" of iPhones.
The auction, managed by LCG Auctions, attracted a total of 28 bids and sold for nearly 400 times the original price.
Two other factory-sealed, first-edition iPhones were sold at record values in the last year, proving that this is a "red-hot collectable".
The model was described as "exceedingly rare, factory sealed, first-release 4GB model in exceptional condition.
The 4GB model was discontinued just two months after it was released due to poor sales in comparison to the 8GB model, which offered double the storage space for only $100 more.
including a poem he wrote in a classmate's high school yearbook, photos of him in college and a 1978 business card, are sold every few months.
Jobs was the source of countless innovations such as the iMac computer, the iPod, the iPhone, and the iPad.
His untimely passing in 2011 due to pancreatic cancer was deeply felt by Apple and the world,
and he was remembered for being a visionary who made the world a better place.