this post was submitted on 20 Dec 2023
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Originally iPhone was not subsidized by the carrier, I paid nearly $1,000 for mine. I also was not aware of Mac rumors and the 3g came out a couple months later.
You must have gotten it indirectly - I still have my 1st gen, 8gb iPhone and it cost $799. I took it out of the country and rooted it soon enough to use it in The Netherlands, but there was a price drop weeks later and it was hundreds cheaper.