Apple has traced the person who had found its lost prototype iPhone 4G in a bar and sold it to Gizmodo for $5,000, claims technology magazine Wired's Threat Level blog.
The report suggests that the company traced the individual, described as a 'college-age man', to his address by using the phone.
Wired reported that people identifying themselves as representatives of Apple arrived at the man's home asking his whereabouts and requesting permission to search the premises, but were refused entry by the man's room-mate.
According an unspecified source, the man had made no secret of finding the phone, flaunting in front of neighbours and friends. None were sure that the model was an unreleased prototype, said the source.
The source also claimed that the man tried to identify the phone's owner, including a search on Facebook. After failing to do so, he finally "gave" the phone to Gizmodo in return for $5,000 and the promise the phone would be returned to its rightful owner.
Wired magazine also quotes the source as saying that the person who took the phone simply wanted to return it to its rightful owner, and Gizmodo had promised to do just that - right after it had analysed it from the inside out.