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Apple 1 Computer Sells For $210,700

Posted by samzenpus on from the blast-from-the-past dept.

digitaldc writes "An Apple computer purchased more than 30 years ago has sold for 425 times its original selling price. From the article: 'An Apple-1, one of only about 200 such machines built in Apple co-founder Steve Jobs' parents' garage, sold at Christie's auction house in London today for 133,250 pounds (about $210,700). The Apple-1, which didn't include a casing, power supply, keyboard, or monitor, originally retailed for $666.66 in 1976. Apple discontinued the model in 1977.'"

2 of 164 comments (clear)

  1. Re:And if you invested the money in Apple itself? by Lev13than · · Score: 3, Informative

    If a VC had invested $666 in Apple in 1976, how many Apple I's would that be worth today?
     
    About $76,000, for an IRR of 17.1%. APPL shares were worth $2.75 (split adjusted) at their 1980 IPO, and are going for $315 or so today.

    In contrast, the Apple I has gone from $666 to $210,000 over 36 years, which is an IRR of 18.4%.

    --
    When you have nothing left to burn you must set yourself on fire
  2. Re:I heard this on the news by Anonymous Coward · · Score: 3, Informative

    Please don't try to do math that you don't understand.