Apple 1 Computer Sells For $387,750 — and That May Be a Steal

A rare Apple 1 computer — among the first ever produced by Steve Jobs and Steve Wozniak's one-time tech startup — has sold at auction for nearly $400,000.

The piece of computing history, hand-built in the garage of Jobs' parents way back in 1976, went for $387,750 in an online-only Christie's auction. The device was reportedly sold by a retired school psychologist from California, and bought by an Italian collectors' club.

And here's the kicker: The Italians may have actually gotten a pretty good deal. How so? Another Apple 1 sold at auction for a whopping $671,400 just this May. That broke the previous Apple 1 sale record of $640,000. The device that sold this week was projected to go for up to $500,000