5 High-Priced Apple Products


Since its inception in 1976, Apple has made premium products at premium prices. The sales strategy has never been designed to attract the low-end consumer. With consumers being able to buy PCs for only a few hundred dollars, Apple sells its cheapest computer for $599. The Mac mini sold for $599 does not include a display, either. The most expensive Apple product listed on the store's website is the 12-core Mac pro for $3,799. At these exorbitant prices, it is hard to imagine 17 million Apple computers, 38 million iPods, 40 million iPads and 93 million iPhones were sold in 2011 alone. Reports even surfaced in China that a teenager sold a kidney to buy Apple products. With the skyrocketing demand of anything Apple, many have profited off the demand by selling Apple merchandise on the auction block.

Apple Employee Hoodie

It appears no matter what the item is, if it bears the Apple logo someone is willing to pay top dollar for it. As a token of appreciation in 2011, Apple rewarded all employees at the Cupertino, Calif. head office with branded hoodies. One employee decided to put the item up on eBay along with an Apple beanie. The auction ended up closing for over $2,000. Even at the outrageous prices Apple sells products for, it may have trouble moving a $2,000 hoodie from store shelves. The buyer could have bought an iPad, 13" MacBook Pro or 27" iMac instead and he or she still would have had some change left.

20th Anniversary Macintosh

Introduced in 1997, the 20th anniversary Macintosh, nicknamed TAM, was released with a limited production run of roughly 12,000 units. Created by legendary Apple product designer Jonathan Ive, the computer was the cutting-edge technology of its day. TAM boasted a $7,499 price tag, making the computer one of the most expensive Apple computers ever released. Adjusting for inflation, the computer would cost over $10,000 today. Apple computers are nowhere near that price point today.

Andy Warhol Apple Logo

The famous artist sketched the legendary Apple logo in 1985. The artwork was commissioned by Apple COO of the time, Del Yocam. The sketch was part of Warhol's d series and came complete with his signature in the bottom right corner. In May 2009, the three-foot-square print was auctioned at the O'Gallerie in Portland for around $26,000. It's certainly an expensive print, but it's significantly less than the $100 million price tag the 1963 "Eight Elvises" painting sold for in October 2008.

Apple I Computer

The first Apple computer was designed by Steve Jobs and Steve Wozniak in 1976. The computer motherboard originally sold for $666.66, but in June 2012 it was auctioned off at Sotheby's for $374,500. Approximately 200 Apple I computers were made, with an estimated 50 surviving today. Sotheby's reports claim only six are currently known to be in working condition.

Apple Founding Documents

The most expensive Apple product to ever sell is the set of original founding documents for Apple Computer Co. The documents were signed by three founders: Steve Jobs, Steve Wozniak and Ron Wayne. Roughly two weeks after the documents were signed, Ron Wayne wanted out of the company in fear that creditors may go after him if the company was not profitable. Wayne's 10% stake today would have been worth billions today, but he claims that he does not regret his decision.

Sotheby's auction house estimated the documents would go for around $150,000. The documents ended up selling for about $1.6 million - the cost of around 3,056 Apple shares today.

Nothing contained in this publication is intended to constitute legal, tax, securities, or investment advice, nor an opinion regarding the appropriateness of any investment, nor a solicitation of any type. The general information contained in this publication should not be acted upon without obtaining specific legal, tax, and investment advice from a licensed professional.
Related Articles
  1. Personal Finance

    How Tech Can Help with 3 Behavioral Finance Biases

    Even if you’re a finance or statistics expert, you’re not immune to common decision-making mistakes that can negatively impact your finances.
  2. Entrepreneurship

    How an Internet Sales Tax Will Affect Your Small Business

    Learn about how the Marketplace Fairness Act may impact small business owners should it pass in the House and what the act requires from business owners.
  3. Investing

    How to Spot Secular Bull Markets vs. Secular Bear Markets

    A guide to identifying secular bull and bear markets.
  4. Investing

    What's Better Facebook Moments or Google Photos ?

    Facebook and Google have both released new cloud-based photo sharing services. How good are they?
  5. Savings

    Craft Beer Clubs – Bargain or Not?

    If you're an aficionado of artisanal brews (or would like to be), a beer club can be a palate-pleasing, albeit pricey, way to expand your hops horizon.
  6. Brokers

    The Next Industries Bound to be Uberized

    As more startups succeed with the sharing economy business model, investors seek out businesses poised to disrupt their industries like Uber.
  7. Stock Analysis

    When Will Dick's Sporting Goods Bounce Back? (DKS)

    Is DKS a bargain here?
  8. Stock Analysis

    Has Urban Outfitters Lost its Way? (URBN)

    Urban Outfitters just made a bold move. Will it pay off?
  9. Stock Analysis

    Is Walmart's Rally Sustainable? (WMT)

    Walmart is enjoying a short-term rally. Is it sustainable? Is Amazon still a better bet?
  10. Savings

    Are Wine Clubs Worth It?

    Some points to consider, before committing to a membership for yourself – or as a gift. The right club can also help you save money over the holidays.

You May Also Like

Hot Definitions
  1. Barefoot Pilgrim

    A slang term for an unsophisticated investor who loses all of his or her wealth by trading equities in the stock market. ...
  2. Quick Ratio

    The quick ratio is an indicator of a company’s short-term liquidity. The quick ratio measures a company’s ability to meet ...
  3. Black Tuesday

    October 29, 1929, when the DJIA fell 12% - one of the largest one-day drops in stock market history. More than 16 million ...
  4. Black Monday

    October 19, 1987, when the Dow Jones Industrial Average (DJIA) lost almost 22% in a single day. That event marked the beginning ...
  5. Monetary Policy

    Monetary policy is the actions of a central bank, currency board or other regulatory committee that determine the size and ...
  6. Indemnity

    Indemnity is compensation for damages or loss. Indemnity in the legal sense may also refer to an exemption from liability ...
Trading Center