An Apple first-generation iPhone sold for $190,372.80 (about R3.4m) at a US auction on Sunday.
LCG Auctions described the device as "one of the most important and ubiquitous inventions of our lifetime".
On its website, the company said the iPhone was first introduced by Steve Jobs on January 9 2007 at MacWorld San Francisco.
On June 29 that year it was released for $499/$599.
"The original iPhone included 4/8GB of storage, an innovative touchscreen, a two-megapixel camera and web browser."
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