5 High-Priced Apple Products

AAA

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.
  1. No results found.
Related Articles
  1. Tech

    3 Predictions for Apple in 2016 (AAPL)

    Learn the top three predictions for Apple in 2016. See how share prices should be rebounding as Apple expands its reach into new markets and new products.
  2. Investing

    Appleā€™s Key Weaknesses

    While it seems that Apple is at the top of its game, several weaknesses have emerged that the company needs to address if it is going to stay on top.
  3. Investing

    Apple's 3 Key Financial Ratios (AAPL)

    Find out that even for Apple, not every financial ratio reveals all things positive, and how a particular ratio may point to potential future business changes.
  4. Investing

    What Makes Apple Inc. So Valuable?

    Apple is the most valuable company in the world by a landslide. How did it get there and will it stay on top?
  5. Tech

    4 Ways Best Buy is Collaborating With Apple to Boost Revenue (BBY, AAPL)

    Look at Best Buy's strong collaboration with Apple, including the rollout of the Apple Watch at all 1,050 Best Buy locations and the store within a store concept.
  6. Tech

    Is This the End of Apple's Growth Era? (AAPL)

    Find out why Berkshire Hathaway made an uncharacteristic purchase of Apple stock and whether it implies Apple is no longer perceived as a growth stock.
  7. Investing

    2 Reasons Apple Shares Will Rise in 2016

    Apple has been down the road of despair and doubt before. Imagine had you picked Apple as a long-term investment two decades ago.
  8. Investing

    The Biggest Risks of Investing in Apple Stock (AAPL)

    Read about the biggest risks facing Apple, Inc., and why AAPL investors should always be prepared for the day when the tech giant starts to struggle.
  9. Investing

    Did Apple Stock Become a Value Trap? (AAPL)

    Explore an analysis of its fundamental ratios, and learn why Apple may be a value stock despite experiencing slowed iPhone sales growth.
  10. Investing

    Apple: Porter's 5 Forces Analysis

    Even though Apple is a well established company, there is always a threat from competitive forces.
Hot Definitions
  1. Down Round

    A round of financing where investors purchase stock from a company at a lower valuation than the valuation placed upon the ...
  2. Keynesian Economics

    An economic theory of total spending in the economy and its effects on output and inflation. Keynesian economics was developed ...
  3. Portfolio Investment

    A holding of an asset in a portfolio. A portfolio investment is made with the expectation of earning a return on it. This ...
  4. Treynor Ratio

    A ratio developed by Jack Treynor that measures returns earned in excess of that which could have been earned on a riskless ...
  5. Buyback

    The repurchase of outstanding shares (repurchase) by a company in order to reduce the number of shares on the market. Companies ...
  6. Tax Refund

    A tax refund is a refund on taxes paid to an individual or household when the actual tax liability is less than the amount ...
Trading Center