A very rare and old iPhone was sold for a lot of money at an auction. It was worth much more than when it was first made because not many people have one and it is special. People also like things that belonged to Steve Jobs, the person who started Apple company. Read from source...
1. The article title is misleading and sensationalized. It implies that the rare sealed 4GB iPhone was sold for a very high price relative to its original price, but it fails to mention that other similar items have been auctioned off at even higher prices in recent years. For example, the article mentions two identical models that were sold for $190,000 and $133,435 respectively, which are significantly higher than the $130,000 price tag of the iPhone mentioned in the title. Therefore, the title is not accurate or fair representation of the auction results.
2. The article does not provide any context or background information about the auction, such as who organized it, where and when it took place, or how many bidders were involved. This makes it hard for readers to understand the significance or rarity of the item being sold, and whether the price was influenced by market factors or collector's enthusiasm.
3. The article does not explain why the auctioned iPhone is rare or valuable. It simply states that it is a sealed original 4GB iPhone, but does not mention any details about its condition, history, provenance, or association with Steve Jobs or other Apple luminaries. A more thorough analysis would have explored how the packaging and preservation of the device contributed to its appeal, as well as what factors influenced its value over time.
4. The article mentions some other items that were also auctioned off, such as a business card signed by Steve Jobs and an Apple-1 signed by Steve Wozniak, but does not provide any information about their prices or significance. This suggests that the author was selective in presenting only those items that supported the narrative of the rare iPhone being sold at a high price, while ignoring other factors that may have influenced the auction results.
5. The article uses emotional language and hyperbole to describe the bidding war for the iPhone, such as "over 260x its original price", which implies that the item was vastly underpriced and that the buyer got a great deal. However, this is not an accurate reflection of the auction dynamics, since other similar items have sold for much higher prices in the past. A more rational and objective way to describe the price would have been "in line with previous auctions of sealed original iPhones".
Positive
Key points:
- A rare sealed 4GB iPhone sold for $130K at an auction, over 260 times its original price.
- Other Apple items such as a business card signed by Steve Jobs and an Apple-1 signed by Steve Wozniak also fetched high prices.
- The high value placed on these rare items is not a new phenomenon, as similar auctions in the past have seen even higher bids for sealed iPhones and related memorabilia.
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