Vintage Apple 1 Computer Auctioned Off for Record-Setting $905,000The previous record price for the Apple 1, which many credit with ushering in a whole new era of personal computing, was $671,400.

ByGeoff Weiss

Opinions expressed by Entrepreneur contributors are their own.

Apple enthusiasts have no qualms about laying down top dollar for the company'slatest product launches. But one of its oldest inventions -- a primitive Apple 1 computer concocted by Steve Wozniak in the 70s -- now marks one of its most expensive sales of all time.

Auctioned off yesterday by Bonhams New York -- which said itexpectedthe device to fetch $400,000 -- the Apple 1 ultimately sold for $905,000, more than double initial projections.

The winner of the item was the Henry Ford organization,Reutersreports, which said it plans to display the Apple 1 at its museum in Dearborn, Mich.

"Similar to what Henry Ford did with the Model T, Steve Wozniak and Steve Jobs put technology directly in the hands of the people with the creation of the Apple 1, completely altering the way we work and live," the organization's president, Patricia Mooradian, said in astatement.

Related:One of Apple's Very First Computers Expected to Fetch $400,000 at Auction

As Apple's inaugural product -- believed to have been created in either Steve Jobs' family garage or his little sister's bedroom -- many have credited the Apple 1 with ushering in a whole new era of personal computing.

When the product was first introduced in 1976, it sold for a comparatively meager (and slightly ominous) $666.66. Only 200 total units were ever created -- of which roughly 15 are thought to be operational today.

In 2012, Sotheby's auctioned off a working Apple 1 for $374,500. And theprevious record pricefor an Apple 1 was $671,400, according to theSan Francisco Chronicle, which was purchased last year in Cologne, Germany.

Related:所以5赫然创业工件狗万官方on Live at the Smithsonian

Wavy Line
Geoff Weiss

Former Staff Writer

Geoff Weiss is a former staff writer at Entrepreneur.com.

Editor's Pick

Related Topics

Growing a Business

We're Now Finding Out The Damaging Results of The Mandated Return to Office — And It's Worse Than We Thought.

Companies knew the mandated return to the office would cause some attrition, however, they were not prepared for the serious problems that would present.

Business Solutions

Learn to Program an AI Chatbot for Your Business in This $30 Course

Get back-to-school savings on this AI coding course.

Money & Finance

Want to Become a Millionaire? Follow Warren Buffett's 4 Rules.

企业家是不能过度指狗万官方望太多a company exit for their eventual 'win.' Do this instead.

Business News

Netflix is Hiring an AI-Focused Role—and the Starting Salary is up to $900,000

The streaming giant is looking for a leader in its machine learning department.

Thought Leaders

Mark Cuban Says These are the Dumbest Things Entrepreneurs Do

Whatever you do, don't do the first thing on this list. Or the second. Definitely not the third.

Business Ideas

55 Small Business Ideas to Start in 2023

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2023.