A factory-sealed original <a href="https://www.thenationalnews.com/tags/iphone/" target="_blank">iPhone</a> from 2007, the year Apple began selling the product, has sold for more than $39,000 at a US auction. The unused 8GB iPhone originally cost $599 when it hit stores five months after the model was unveiled by Apple co-founder Steve Jobs on January 9, 2007. In his speech, Jobs described <a href="https://www.thenationalnews.com/business/technology/2021/09/15/apple-iphone-through-the-years-every-model-from-2007-to-2021/" target="_blank">the device</a> as a “revolutionary and magical product”. <a href="https://auction.lcgauctions.com/bids/bidplace?itemid=493" target="_blank">LCG Auction</a> said the winning bid bought the 2007 gadget for $39,339.60. “This factory-sealed, first-release example is in exceptional condition,” the auction house <a href="https://auction.lcgauctions.com/bids/bidplace?itemid=493" target="_blank">said</a>. “Virtually flawless along the surface and edges, the factory seal is clean with correct seam details and tightness. Labels on the reverse are correctly pristine beneath the seal. "All original — no aftermarket stickers or UPC labels on this one.” The first-generation iPhone has a 3.5-inch screen and a two-megapixel camera. It did not support third-party apps. <i>Time Magazine </i>named the iPhone the “invention of the year” in 2007. One of the trends of the year, <i>Time </i>reported, was that computing needs to happen in the real world as much as it does the cyberspace. “It's a genuine hand-held, walk-around computer, the first device that really deserves the name,” it reported at the time. The first-generation iPhone is now as much a historic product as a transformational one. The <a href="https://www.thenationalnews.com/business/technology/2022/10/06/apple-iphone-14-plus-review-does-the-supersized-device-justify-its-price-tag/" target="_blank">iPhone 14</a>, the latest generation, was released this year. Prices start at $799. The iPhone 14 and <a href="https://www.thenationalnews.com/business/technology/2022/09/22/iphone-14-pro-sales-on-apples-website-limited-to-two-units-per-customer/" target="_blank">iPhone Pro</a> each come with a 6.1-inch display, while the iPhone 14 Plus and <a href="https://www.thenationalnews.com/business/technology/2022/09/23/apple-iphone-14-pro-max-review-go-pro-if-you-are-upgrading-anyway/" target="_blank">iPhone 14 Pro Max</a> have 6.7-inch screens. Users also now have access to a more advanced camera than the original model. The newest phones feature a 12MP Ultra Wide camera and TrueDepth with auto image stabilisation. The iPhone 14 also carries up to one terabyte of data.