Apple’s Discontinued iPod Classic Is Selling Four Times Its Original Cost

It was just three months ago after the tech giant decided to stop selling the iPod Classic to give way to its more advanced models. Since then, the demand for the classic music player went up causing prices to soar. In 2008, the product was sold for just US$249, but now some sellers are offering the device for nearly US$1000.

According to Business Insider, Apple has discreetly pulled the classic iPod from its website a few months ago as Apple's CEO Tim Cook revealed the main reason for ditching the classic. Cook explained that the company had no more resources to support the device's components and the idea of redesigning was too demanding. Apparently, there is still a big clamor for the iPod classic, which has a 160GB storage capacity which can hold about 40,000 songs and is twice the size of any current iPods. Some of these models are being sold as new in Amazon for up to 670 pounds.

In addition, eBay U.K. has offered a used first-generation iPod classic with a few marks on the surface for a whopping selling price of 5,000 pounds. That is roughly 20 times the retail price of the device when it was released in 2001. While on eBay Australia, a sixth generation version was offered for AU$400 and another seller from New South Wales hoped to sell his seventh generation iPod classic for AU$1499.53. Furthermore, a set of boxed U2 iPods has been sold for AU$85,000 on eBay last October and another limited edition was sold for AU$13,600, News Australia reports.

This is not the first time that a retro gadget captures big wave of popularity. Some celebrities like Rihanna was reported using a non-smartphone handset, Iggy Pop admitted owning a clamshell phone and even American Vogue editor-in-chief Anna Wintour was spotted with her flip phone in a big sports event. Even versions of the Nokia 8210 are also being sold in the secondhand market for a big cost.