iPods sell for THOUSANDs on eBay as Apple announces it will be discontinuing after 20 years

This week Apple announced that it’s discontinuing the iPod – one of the most successful products that revolutionized the way we listen to music.

Apple launched its first iPod Classic in 2001 with a price tag of $399, which shocked fans who had grown accustomed to using significantly cheaper portable CD players and Walkmans.

Fast-forward almost 21 years to today, and your old iPods can now be worth an eye-watering amount.

Amid news of its discontinuation, lists for iPods on eBay have skyrocketed, with many sellers charging huge sums of money for their retro devices.

Speaking with MailOnline, James Andrews, senior personal finance editor at money.co.uksaid, “With iPods being discontinued, you may be wondering if it’s time to cash in on some of your old technology.

“The first thing to say is don’t get excited about list prices on eBay. While a few models sell for thousands, the vast majority sell for much less.

“But that doesn’t mean you couldn’t raise a reasonable amount. Do a search and check out recent sales prices for models like yours to see what you’re likely to get.

“In general, the best prices go to iPod Classic models that are in good condition and have all the necessary cables included. If you’re lucky enough to have an unopened 2004 U2 Special Edition iPod in the back of a closet, you could run into thousands of dollars.”

From the original iPod Classic to the brightly colored iPod Mini, here’s how much your old Apple gadgets could be worth.

Amid news of its discontinuation, listings for iPods on eBay have skyrocketed, with many sellers asking huge sums of money for their retro devices.

Amid news of its discontinuation, listings for iPods on eBay have skyrocketed, with many sellers asking huge sums of money for their retro devices.

History of iPod Models

iPod Classic (seven generations, 2001-2008)

iPod Mini (two generations, 2004-2005)

ipod nano (seven generations, 2005-2012)

iPod Shuffle (four generations, 2005-2010)

iPod touch (seven generations, 2007-2019)

iPod Classic

The first iPod Classic was launched in October 2001 for $399 and six more generations were sold through 2008.

If you have a first-generation iPod Classic in the back of one of your drawers, you could be in for a treat.

Yesterday, an iPod Classic 5 GB 1st Generation sold on eBay for $1,599 with an additional shipping cost of $114.60 – an increase of 330 percent from the original price!

Newer generations are also popular on eBay, with a seventh-generation iPod Classic selling for $1,388 in April and another in February for $1,045.

An aspiring seller listed their first-generation iPod Classic on eBay in 2019 for $19,995 (£15,367), though it remains unclear how much the item actually fetched.

iPod Mini

iPod Mini, which launched in 2004, was slightly smaller than the iPod Classic and was available in a range of bright colors.

At $249, it was slightly more affordable than its predecessor, making it a popular choice among Apple fans.

Unfortunately, the iPod Mini isn’t worth a huge amount just yet, if the items sold on eBay have anything to offer.

On May 3, a second-generation iPod Mini sold on eBay for $324.99, while a first-generation device only sold for $290 in March.

iPod Shuffle

Apple released its first screenless iPod in 2005, in the form of the iPod Shuffle, which started at just $99.

Like the iPod Mini, it seems the iPod Shuffle hasn’t gone up in value all that much.

A first-generation iPod Shuffle sold for just $129.99 when it sold on eBay in February, while a second-generation device sold for a modest $199.99 in March.

Apple released its first screenless iPod in 2005, in the form of the iPod Shuffle, which started at just $99

Apple released its first screenless iPod in 2005, in the form of the iPod Shuffle, which started at just $99

ipod nano

The iPod Nano was also launched in 2005, costing $149 and was considered a huge modernization over the Shuffle, thanks to its color album cover display.

According to recent eBay auctions, this device has more than doubled in value.

In March, second-generation iPod Nanos sold for $399.99 and $382.47.

The iPod Nano was also launched in 2005, costing $149 and was considered a huge modernization over the Shuffle, thanks to its color album cover display.

The iPod Nano was also launched in 2005, costing $149 and was considered a huge modernization over the Shuffle, thanks to its color album cover display.

iPod touch

While many of us now take touchscreen devices for granted, the iPod Touch was revolutionary when it launched in 2007.

The $299 device could surf the web when connected to Wi-Fi and had 8GB of storage for songs, photos, and apps.

If you have an iPod Touch at home, you’ll be pleased to learn that it seems to have increased in value tremendously.

In March, a fourth-generation iPod Touch sold for a whopping $6,524.07 — a massive 2,081 percent increase from its original price — while a sixth-generation device sold for $3,470 in April.

If you have an iPod Touch at home, you'll be happy to hear that it has increased in value tremendously

If you have an iPod Touch at home, you’ll be happy to hear that it has increased in value tremendously

Why is Apple discontinuing the iPod?

An Apple spokesperson said the iPod redefined how music is discovered and listened to, and that its spirit “lives” in other devices.

“Music has always been an important part of our core business at Apple,” said Greg Joswiak, Apple’s senior vice president of global marketing.

“By bringing it to hundreds of millions of users the way iPod did, it had more of an impact than just the music industry – it also redefined how music is discovered, heard and shared.

“Today the spirit of the iPod lives on. We’ve built an incredible music experience into all of our products, from the iPhone to the Apple Watch to HomePod mini, and on Mac, iPad and Apple TV.

“And Apple Music delivers industry-leading sound quality with support for spatial audio — there’s no better way to enjoy, discover and experience music.”

THE TRILLION DOLLAR INCREASE IN APPLE

The company's journey to the top of the technology industry was a difficult one, as Jobs (pictured right in 1976) left the company in the mid-1980s after his favorite project, the first Macintosh computer, struggled and he then tried to run the company. to expel.  CEO John Sculley.  Wozniak is on the left in the photo

The company’s journey to the top of the technology industry was a difficult one, as Jobs (pictured right in 1976) left the company in the mid-1980s after his favorite project, the first Macintosh computer, struggled and he then tried to run the company. to expel. CEO John Sculley. Wozniak is on the left in the photo

1976: Founders Steve Jobs, Steve Wozniak, and Ronald Wayne founded the company on April 1, 1976, when they began selling computer kits to hobbyists, each built by Wozniak.

The first product was the Apple I.

1977: Apple released the Apple II in June, the first mass-market PC.

1981: Jobs became chairman.

1984: The Macintosh was introduced during a Super Bowl commercial break and was later officially unveiled at a launch event. It was discontinued a year later and Jobs left the company.

1987: Apple has released the Macintosh II, the first color Mac.

1997: Apple announces it will acquire NeXT software in a $400 million deal, with Jobs returning to Apple as interim CEO. He officially took over the role in 2000.

2001: Apple introduced iTunes, OS X and the first generation iPod.

The first iPod MP3 music player was released on October 23, 2001 at an event in Cupertino and could contain up to 1,000 songs.

Steve Jobs unveils Apple Computer Corporation's new Macintosh on February 6, 1984 in California.

Steve Jobs unveils Apple Computer Corporation’s new Macintosh on February 6, 1984 in California.

Apple's then chief executive officer, Steve Jobs, with the iPhone

Apple’s then chief executive officer, Steve Jobs, with the iPhone

2007: Apple unveils the iPhone.

2010: The first iPad was unveiled.

2011: Jobs resigned in 2011 due to illness and handed over the title of CEO to Tim Cook. Job died of pancreatic cancer in October.

2014: Apple has unveiled the Apple Watch. It also unveiled its first larger iPhones – the 6 and 6 Plus.

2015: After purchasing Beats from Dr Dre, Apple launched Apple Music to compete with Spotify and other music streaming services.

Apple CEO Steve Jobs speaks at an Apple event at Apple's headquarters in Cupertino, California.

Apple CEO Steve Jobs speaks at an Apple event at Apple’s headquarters in Cupertino, California.

2016: Apple went back to its roots and announced the 4-inch iPhone SE. Meanwhile, the company is embroiled in a legal battle with the FBI, with the agency demanding access to the locked phone used by Syed Farook, who died in a gunfight after a deadly December attack in San Bernardino, California with his wife. The court order was revoked on March 28 after the FBI said a third party could unlock the device.

2017Apple introduces the iPhone X, which removes the home button to make way for a futuristic edge-to-edge screen design and a new FaceID system that uses advanced sensors and lasers to unlock phones using only the owner’s face.

2018: As a first for the company, Apple is introducing new features in its latest operating system, iOS 12, that encourage users to manage their devices and spend less time on their devices. The move stemmed from a strongly worded letter from shareholders urging the company to address the growing problem of smartphone addiction among children and teens.

2019: In January, Apple reports its first revenue and profit decline in ten years. CEO Tim Cook partly blamed sharp declines in sales from China.

2020: Apple will close all physical stores outside of China in March in response to the coronavirus.

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