They have adjusted the price of all iPhones to 2023 taking inflation into account and it seems that the iPhone 15 comes out very well, they will be the cheapest since 2007.
“The iPhone 15 will be the most affordable base model since the original iPhone was launched in 2007,” that’s how resounding they have been since Perfectrec. Although it is expected that the iPhone 15 has a price starting at $799inflation must be taken into account to be able to correctly adjust the price of all iPhones in history.
Therefore, If we adjust the price of previous iPhones today taking inflation into account, the iPhone 15 is the cheapest iPhone since Apple launched the original iPhone. Everything seems to indicate that the iPhone 15 will have the same starting price as the iPhone 12, launched in 2020, one more year despite the fact that the US has experienced 18% inflation since then.
Adjusting for inflation, iPhones are not that expensive
For this calculation they have used a official toolthe inflation calculator from the US Bureau of Labor Statistics. In this calculator you can enter the price in dollars in any past month and year and it will adjust it to the current price.
Taking this into account, these would be the prices of each initial iPhone model adjusted to September 2023:
Model | starting price | Inflation adjusted price |
---|---|---|
iPhone (2007) | $499 | $732 |
iPhone 3G (2008) | $599 | $832 |
iPhone 3GS (2009) | $599 | $850 |
iPhone 4 (2010) | $599 | $840 |
iPhone 4s (2011) | $649 | $878 |
iPhone 5 (2012) | $649 | $866 |
iPhone 5S (2013) | $649 | $849 |
iPhone 6 (2014) | $649 | $833 |
iPhone 6S (2015) | $649 | $831 |
iPhone 7 (2016) | $649 | $824 |
iPhone 8 (2017) | $699 | $873 |
iPhone XR (2018) | $749 | $910 |
iPhone 11 (2019) | $699 | $833 |
iPhone 12 (2020) | $799 | $943 |
iPhone 13 (2021) | $799 | $895 |
iPhone 14 (2022) | $799 | $824 |
iPhone 15 (2023) | $799 | $799 |
As you can see in the table, The most expensive iPhone is the iPhone 12 with an adjusted price of $943, well above the $799 that the entry-level iPhone 15 is expected to cost. Although the price has not changed since then.
It is true that inflation is not the same in all countries, so we would have to review this data country by country, but it is certainly a quite interesting point. After all, Apple has not raised the price of its entry-level iPhone for many yearswhich even became lower with the iPhone 12 mini and iPhone 13 mini.
In the case of the iPhone 15 Pro, although a price increase is expected this year, adjusting for inflation they would not have risen as much. In fact, adjusting for inflation, the The most expensive iPhone has been the iPhone XS Max with a price of $1,333. A very interesting fact.
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