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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July 5th, 2007 at 11:37 pm
[...] iPhone.com Price Tag Exceeds $1 Million - DotSauce Domain News Magazine [...]
August 9th, 2007 at 7:30 pm
Dang he should have held on to it! Would have been worth a heck of a lot more!
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August 5th, 2008 at 3:41 pm
wow !!
wish we could guess name of the next apple smart phone to sell taht in 1 million dollars ! next years.. :)
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August 8th, 2008 at 7:33 pm
WOW man. Good for him. I’m sure Apple covered the cost with all the Iphone profits.
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January 1st, 2009 at 3:18 am
I wonder if he tried turning it into a iPhone affiliate site or something to make bank selling iPhone related stuff.
either way that is pretty impressive, probably would have been worth alot more at the end of 2008.
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