5-6 years ago the price tag of the flagship $1000 was something incredible, but now it is the norm. Apple’s iPhone X 2017 was the first phone to be sold at retail for $999. Despite this cost, it was very popular. Competitors, including Samsung, and even Chinese manufacturers, who were proud of low price tags, soon followed Apple’s example.
According to a Mozillion study, the cost of the flagship iPhone increased from $199 in 2012 for the iPhone 5 to $1099 for the iPhone 13 Pro Max, an increase of 452%. Surprisingly, next on the list are Motorola and Huawei. Yes, Huawei’s top devices have risen in price by 221%. The price of high-end Motorola phones rose from $299.99 in 2012 to $999.99 in 2022, making them 233% more expensive.
Samsung is in fourth place with an increase of about 184% for its best phones with the highest performance. The price of Nokia’s premium phones has risen the least in a decade – only 55%.
If this pace continues, by 2032 the flagships will cost:
- Apple – $6069
- Motorola – $3333
- Huawei – $3300
- OnePlus – $2342
- Sony – $2358
Although the report is interesting, it should be taken as a final forecast. However, with rising prices for everything from food to fuel and the scarcity of resources that have struck the world, prices could rise significantly.