An unopened, first-generation iPhone from 2007 just sold for a record-breaking $190,000 at auction — more than 317 times its original price

• An unopened, original Apple iPhone from 2007 fetched nearly $200,000 at auction.
• The 4 GB first-generation iPhone sold for $190,372, blowing past sales estimates of $50,000 to $100,000.
• The sale price is more than 317 times the iPhone's original price of $599.

A first-generation iPhone in pristine condition has set a new record on the auction block after selling for nearly $200,000.