iPhone 15 could be the “cheapest” iPhone since 2007
Taking inflation into account, they have adjusted the price of all iPhones to 2023, and it looks like the iPhone 15 is coming out very well, it will be the cheapest since 2007.
“iPhone 15 will be the most affordable base model since the original iPhone was introduced in 2007.” perfectrec. Although it is expected iPhone 15 price starts at $799In order to accurately price all iPhones in history, inflation must be taken into account.
Then, If we adjust the price of previous iPhones today to account for inflation, the iPhone 15 is the cheapest iPhone since Apple introduced the original iPhone.. Everything seems to indicate that the iPhone 15 will have the same starting price as the iPhone 12 released in 2020 for another year, even though the US has experienced 18% inflation since then.
iPhones aren’t that expensive if you adjust for inflation
For this calculation a official vehicleInflation calculator from the US Bureau of Labor Statistics. In this calculator, you can enter the price of any past month and year in dollars and it will adjust it to the current price.
Taking this into account, the adjusted prices of each first iPhone model for September 2023 will be:
| Model | starting price | Price adjusted for inflation |
|---|---|---|
| iPhone (2007) | $499 | $732 |
| iPhone 3G (2008) | $599 | 832 dollars |
| iPhone 3GS (2009) | $599 | $850 |
| iPhone 4 (2010) | $599 | 840 dollars |
| 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 dollars |
| iPhone 8 (2017) | $699 | 873 dollars |
| iPhone XR (2018) | $749 | 910 dollars |
| iPhone 11 (2019) | $699 | $833 |
| iPhone 12 (2020) | $799 | 943 dollars |
| iPhone 13 (2021) | $799 | $895 |
| iPhone 14 (2022) | $799 | 824 dollars |
| 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 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 every country, so we need to examine this data country by country, but it is definitely a very interesting point. Finally, Apple hasn’t increased the price of its entry-level iPhone in many yearsThis rate dropped even further with the iPhone 12 mini and iPhone 13 mini.
Taking inflation into account, perhaps the new iPhone 15s don’t look that expensive after all
In the example of the iPhone 15 Pro, although a price increase was expected this year, if we adjusted it for inflation, the prices would not increase that much. In fact, if adjusted for inflation, The most expensive iPhone was iPhone XS Max with a price of $ 1,333. A very interesting fact.
Source: i Padizate
