Ever since its inception in 1976, Apple has become a historic company in the tech industry and now has anover $2 trillion market share. As a result, itsearlier products, which essentially revolutionized the computer industry, andmemorabilia, fetch a ton of dollars in the auctions market. By now, we have seen several Apple products sell for hundreds and thousands of dollars in auctions. Now recently, arare Apple-1 computer has been sold at $500,000at a US auction.
The so-called “Chaffey College” Apple-1 device was expected to raise around $600,000 at John Moran auctions. It was then finally sold for $500,000 recently. You cancheck out the listingfor the rare Apple-1 on John Moran Auntioneers’ official website.
Now, why such a high price tag for this particular Apple-1 device? Well, the personal computer in question is not just any Apple device that was made in a factory in China. Instead, it was designed and manufactured by Apple pioneers Steve Wozniak and Steve Jobs. It was one of the 200 computers that Wozniak and Jobs developed during their early days with the help of Patty Jobs (Jobs’ sister) and Daniel Kottke, as per the auctioneers.
However, the element that makes this particular Apple-1 computer special is theKoa wood-based casingin which it comes. Koa wood was abundant in its native land of Hawaii back in the 1970s. However, cattle grazing and extensive logging have depleted most of the Koa trees, which makes Koa wood much rarer than before. This Koa wood casing for the Apple-1 computer is one of the six cases that currently exists in the world.
The $500,000 device has only had two owners previously. It initially belonged to an electronics professor of Chaffey College in California, who sold the device to one of his students for $650 in 1977. Now, the device is worth $500,000, which translates to Rs 3.71 crores.
A geek at heart, you’ll find me fidgeting with an iOS device or sitting in front of the laptop, scouring the internet to find interesting technological innovations. In my free time, you’d find me playing Valorant or listening to Pink Floyd.