*The difficulty there, however, will be proving that the phone is worth $400.* I... | Hacker News

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ubernostrum on April 24, 2010 | parent | context | favorite | on: Lost iPhone prototype spurs police probe

The difficulty there, however, will be proving that the phone is worth $400.

In the US, a completely unsubsidized current-generation (3GS) iPhone carries a sticker price of at least $499. It's unlikely that an as-yet-unreleased next-gen model would be worth over $99 less than that.

loumf on April 24, 2010 [–]

It has an established market value of $5,000. The fact that it was unreleased and secret increases its value quite substantially.

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