The Morning After: An unopened first-gen iPhone just sold for $190,000

Don't go poking around your kitchen drawer gadget graveyard just yet. The first-gen iPhone , sold by LCG Auctions, was apparently a factory-sealed device in "exceptional condition." The auctioneer noted the former owner was part of Apple's engineering team when the iPhone debuted. The lot drew 28 bids, including five over $100,000. In recent months, LCG Auctions has sold two 8GB variants of the first-generation iPhone for $39,000 and $63,000. This particular listing stood out by being a rare 4GB...