The price of Apple’s iPhone, which debuted in 2007, has gone up more than 80% around the world since its initial release. That is according to a new study that took a look at iPhone prices around the world and their increase and decrease since 2007.
The study conducted by Self shows that since the iPhone’s launch in 2007 the price of iPhones has increased more than 80%, now costing over $400 more on average to buy in countries around the world compared to the first generation iPhone.
Since its US launch in 2007 and subsequent years in other countries, iPhone prices have increased by 81% across the globe. This means that in 2021, the latest flagship iPhone model costs $437 more to buy in each of the 38 countries it’s available in than it used to.
It should be noted that the increases come alongside continuing technology leaps as well as increases in production costs. The increase is also due to inflation and Apple having to sometimes increase prices to counter economic purchasing power growth.
However, many countries have experienced inflation and growth in purchasing power in the years between, and our research shows that Apple have risen iPhone prices 26% higher than local inflation rates. This means that local affordability for a flagship iPhone costs people around the world $154 more in real terms than the first models they could purchase.
For example, residents in the UAE have seen iPhone prices rise the fastest of all countries compared to local inflation, with prices rising 110% faster. Meanwhile, residents of Ireland have seen prices fall by 29% in real terms, because of local inflation rates rising faster than iPhone price increases.
Residents in the UAE have seen iPhone prices rise the fastest of all countries compared to local inflation, with prices rising 110% faster.