Apple iPhone Prices Have Quadrupled Since 2008. Here's What's Driving up Costs.
Apple says memory-chip shortages and AI-driven supply costs are pushing iPhone prices higher as the new iPhone Duo tops $3,000 with storage.
- On Wednesday, Apple announced it will raise prices on new and older iPhone models by $100 as AI-related inflation pushed up supply costs for critical components.
- High demand for Memory chips in AI-related data centers has triggered a global shortage; Former Apple CEO Tim Cook called it a "100-year flood" in pricing.
- Since Apple introduced second-generation models in 2008, base-model prices have quadrupled from $199 to $799. Nowadays, the least expensive brand-new model sells for $699.
- Apple unveiled its priciest model to date, the Duo, which starts at $1,999 and can reach up to $3,199 depending on built-in storage capacity.
- When carriers like Verizon, Sprint, and T-Mobile stopped subsidizing device costs, customers had to pay the full $650 price instead of the $199 upfront price.
33 Articles
33 Articles
iPhone price hike ‘better than feared,’ Duo to drive cycle demand
In an investor note seen by 9to5Mac, analyst Jeff Pu noted that while this week’s iPhone price hike was better than feared, the iPhone Duo is still likely to drive demand for the cycle, as early consumer interest appears strong. Here are the details. more…
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iPhone 17 series gets more expensive worldwide following iPhone 18 series debut
Apple has bumped up the prices on a bunch of current iPhone models right after launching its newest ones, which is the opposite of what smartphone brands usually do. The increases hit the iPhone 17, iPhone 17e, iPhone Air, and iPhone 16. Each one is now $100 more expensive than it was before. In the […]
Apple raised prices for older models after the iPhone 18 Pro series hit the market. Contrary to the usual way in which the prices of older models drop when new phones arrive, the iPhone 17, iPhone 17e, iPhone Air, iPhone 16...
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