Wired
IT House reported on October 14 that according to a new research on the iPhone, since its launch in 2007, the price of Apple’s iPhone has risen by more than 80% worldwide.
According to research carried out by Self, since the launch of the original iPhone in 2007, the price of this series of mobile phones has risen by more than 80%. Currently, the average price of buying an iPhone in 38 countries is $437 higher than the original price.
Although the price increase is accompanied by more advanced technology and increased production costs, the price increase is also the result of inflation and Apple’s deliberate price increase.
Studies have shown that the price of Apple’s iPhone is 26% higher than the inflation rate of many countries around the world. This means that the actual cost of buying the latest iPhone is $154 higher than the first.
In addition, the price of Apple’s iPhone in the UAE has risen the most, and the price of the latest iPhone 13 is more than twice that of the original.
IT Home learned that the original iPhone is priced at US$499, while the iPhone 13 series starts at US$699. The latest data released by Counterpoint shows that the Apple iPhone accounted for 13% of global smartphone sales, 40% of revenue, and 75% of profits in the second quarter of 2021.