Over the past 14 years, iPhone prices have gone up by more than 80%

A study reveals that the price of iPhones has risen by more than 80% over the past 14 years.

Self has been tracking the price of iPhones over the past few years and found that the cost of the Cupertino company’s smartphones has been increasing year on year.

Specifically, since its launch in 2007,  the price of iPhones has risen by more than 80% . Today iPhones cost an average of over $ 400 more  than the model released in 2007.

Since its launch in the United States in 2007 and in subsequent years in other countries, iPhone prices have increased by 81% worldwide. This means that in 2021, the latest high-end iPhone model costs $ 437 more in each of the 38 countries it is available in than ever before.

While the rise in prices is due to more advanced technologies and  increases in manufacturing costs , the rise is also due to inflation and Apple sometimes has to raise prices to counter economic growth.

As part of his research, Self created an interactive map that highlights the changes in prices of ‌iPhone‌ in real terms as a percentage of GDP over the past 14 years in more than 30 countries around the world. According to the map, the UAE has seen the largest price increase of the ‘iPhone’, with the latest model costing more than twice as much as the first model introduced to the market.

Take a look at the interactive map on the Self website.