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iPhone.com Price Tag Exceeds $1 Million

CNBC reports on the sale of iPhone.com domain name in the last few seconds of a video report on component stocks and who is cashing in on Apple’s iPhone. The domain iPhone.com was registered in 1995 by Michael Kovatch.

Kovatch sincerely wanted to develop a business using this name, so he held out to the last minute before the official launch of the iPhone before giving in. Within these last few weeks traffic has skyrocketed on the iPhone.com domain and it seems Apple just had to have it. See also Jay’s blog post on iPhone domains.

Apple wrote a check for a confirmed 7 figure number to Michael Kovatch making him an instant millionaire.

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4 Responses to “iPhone.com Price Tag Exceeds $1 Million”

  1. Friday's Links - Volume V :: Jatecblog Says:

    […] iPhone.com Price Tag Exceeds $1 Million - DotSauce Domain News Magazine […]

  2. Brooks Says:

    Dang he should have held on to it! Would have been worth a heck of a lot more!

  3. c.d Says:

    wow !!
    wish we could guess name of the next apple smart phone to sell taht in 1 million dollars ! next years.. :)

  4. kbuntu Says:

    WOW man. Good for him. I’m sure Apple covered the cost with all the Iphone profits.

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iPhone.com Price Tag Exceeds $1 Million

by Mark Fulton | Article Information
Posted on 02 July 2007
4 Responses to this post
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