Jay Westerdal of DomainTools.com confirms Apple has bought a iPhone.com domain from Michael Kovatch. Michael didn’t confirm the sale price of his domain name yet but Jay believe sold price could be one million dollars.
Michael Kovatch had registered the domain back in 1995 and had plans to build a company on the domain.
After final the deal, domain is still in Michael domain account and Apple plans to transfer the domain in next week.