This iPhone sales figures Claiming that Apple has taken over 75% of the premium market, which clearly demonstrates: consumers spend large sums of money on iPhone products. They have now published a study from CIRP that determines how much users who buy an iPhone spend on average.

There is great news on this, it seems Apple has set a new record The average selling price of the iPhone is in a tough four-month period as we are currently in.

Consumers spend an average of $988 on the Apple iPhone

The CIRP data is titled “Apple hits a new iPhone sales price record” and shows us how. prices are gradually increasing during the last three years. meaning 873 dollars rose to reach December 2020 988 dollars in March 2023.

Average iPhone sales prices | CIRP

iPhone 14 Pro and iPhone 14 Pro Max, two of the most popular iPhone models of 2023, contributed significantly to the increase in the average selling price of the iPhone, despite the CIRP company’s statement. many consumers choose to buy iPhone 14 or iPhone 14 Plus to make some more money.

They wanted to wrap up their work by talking about CIRP’s sales of refurbished iPhones in recent months:

“We believe the strength of the global used iPhone market supports generous trade-in value. This simultaneously reduces the expense of a new iPhone and motivates people to purchase a higher-end model, confident that it will retain its value much better.”

What do you think of the data shared by the analytics firm CIRP? Do you think we spend a lot of money buying a new iPhone?