Apple's first foldable, the iPhone Duo, opens pre-orders today ahead of its October 23 release, with prices from $1,999 to $3,199 depending on storage, making it Apple's most expensive iPhone since the line launched. The base price of new iPhones has quadrupled from $199 in 2008 to $799 with the iPhone 17, while the cheapest current model, the iPhone 17e, starts at $699. The biggest single jump came in 2016 with the iPhone 7 at $649, and Pro Max models now go up to $2,399 with 2TB of storage. The article attributes the increase partly to the end of carrier subsidies and to a global memory chip shortage driven by AI data center demand, which also pushed up Mac and iPad prices in June. Former CEO Tim Cook reportedly called the memory pricing situation a '100-year flood' and warned that supply constraints will likely persist.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: Apple iPhone prices quadrupled since 2008 . Here why
Read the original on wesh.com ↗
Related news
- Apple iPhone prices quadrupled since 2008 . Here why
Apple's first foldable, the iPhone Duo, will soon be released, with prices from $1,999 to $3,199 depending on storage, making it the company's most expensive iPhone yet. The starting price of base-model iPhones has quadrupled from $199 in 2008 to $799 with the iPhone 17, and Apple has also raised prices on new and older models by $100. Carriers have also stopped subsidizing phone costs, while premium Pro models and larger storage tiers have pushed the price ceiling higher. The article attributes much of the increase to a global memory chip shortage driven by demand for AI data centers, which has raised costs across Apple products.
- Apple iPhone prices quadrupled since 2008 . Here why
Apple's first foldable, the iPhone Duo, opens pre-orders today ahead of its Oct. 23 release, with prices from $1,999 to $3,199 depending on storage. It is Apple's most expensive iPhone since the first models launched in 2007. Base-model prices have quadrupled from $199 for the 2008 iPhone 3G to $799 for the iPhone 17, and Apple raised prices on new and older iPhones by $100 as AI-related inflation pushed up supply costs. The article links the rise to a global memory chip shortage driven by AI data center demand, which also led Apple to raise Mac and iPad prices in June. Former CEO Tim Cook warned that these supply constraints will likely not go away any time soon.
- Apple iPhone prices quadrupled since 2008 . Here why
Apple's first foldable, the iPhone Duo, opens pre-orders today ahead of its October 23 release, priced from $1,999 to $3,199 depending on storage. It is Apple's most expensive iPhone since the line debuted in 2007. The base iPhone price has quadrupled from $199 in 2008 to $799 for the iPhone 17, while the cheapest current model, the iPhone 17e, costs $699. Apple has raised prices by $100 on new and older iPhones as AI-related inflation pushed up supply costs, and in June it raised Mac and iPad prices because of memory chip shortages. Former CEO Tim Cook called the memory pricing a “100-year flood” and warned that supply constraints will likely persist.
- Apple iPhone prices quadrupled since 2008 . Here why
Apple opened pre-orders for the iPhone Duo, its first foldable, ahead of its October 23 release, with prices from $1,999 to $3,199 depending on storage, making it the most expensive Apple model since the first iPhone in 2007. The base price of Apple's iPhones has risen from $199 in 2008 to $799 for the iPhone 17, while the iPhone 18 Pro Max starts at $1,299 and can reach $2,399 with 2TB of storage. The article attributes the trend to carriers ending subsidies and a global memory chip shortage driven by demand from AI data centers. Apple raised Mac and iPad prices in June because of the shortage, and former CEO Tim Cook called it a '100-year flood' in memory pricing, warning that constraints may not go away soon.
- Apple's Annual Revenue Quadrupled From $108 Billion to $416 Billion During Tim Cook's 15 Years as CEO, With iPhone Sales Alone Jumping From $47 Billion to Nearly $210 Billion. What That Growth Says About Betting on Apple's Next Chapter Under John Ternus.
Tim Cook led Apple from August 2011, and over those 15 years annual revenue rose from $108 billion in fiscal 2011 to $416 billion in fiscal 2025. iPhone sales also climbed from roughly $47 billion to nearly $210 billion, while the services business generated $30.74 billion in fiscal third quarter 2026 with a gross margin above 75%. Cook also used strong cash flow to repurchase shares, which helped lift earnings per share. John Ternus became CEO on Sept. 1 facing a different challenge: Apple already has more than 2.5 billion active devices, but with revenue above $400 billion, growth is much harder to sustain. The article argues that Ternus's opportunity is to make Apple's large customer base more valuable rather than to repeat Cook's pace of growth.
- Apple's iPhone Duo Demand Tracking 'Solidly Out Of The Gate', Says Analyst As AAPL Stock Caps Off Best Week Since September Launch
Apple shares rose over 2% this week, their strongest week since the iPhone Duo launch, though they edged up only 0.4% in Friday's regular session. Evercore ISI said iPhone Duo delivery dates quickly stretched to late January, roughly 100 days, across all regions and configurations it tracks, and described demand as tracking “solidly out of the gate,” while noting that tight supply could also explain the longer wait. Deepwater's Gene Munster estimates 20 million Duo units in fiscal 2027, versus a Street estimate of 10 million, and sees the long lead times as a sign of a fast start, though Apple's production capacity is unknown. Munster also said iPhone 18 Pro lead times fell to 5% below last year's level after two weeks, and that Pro Max lead times are now roughly in line with last year's model. Evercore maintained its 'Outperform' rating and $380 price target, and AAPL is up 26% year-to-date and 39% over the past 12 months.
Related markets
Latest news
- Meta Earnings: What To Look For From META
Meta Platforms (NASDAQ:META) will report earnings this Wednesday after the market closes. Last quarter, revenue reached $60.8 billion, up 28% year on year and above analysts' expectations, though revenue guidance for next quarter slightly missed forecasts; daily active users hit 3.6 billion, up 3.4%. The market expects revenue growth of 23.6% this quarter, slowing from 26.2% a year earlier, and analysts have generally reconfirmed their estimates over the past 30 days. Over the last month, consumer internet stocks have gained 1.3% on average, while Meta is down 4.8%.
- An AI bust could come from places investors arent watching , an economist says
Concerns about an AI bubble are growing, and TS Lombard's Dario Perkins warns that investors may be overlooking other risks. Debt among smaller cloud providers, model developers and suppliers could reach $2 trillion by the end of 2027. Perkins does not see this as a systemic risk, but warns that earnings disappointments and canceled orders could ripple through the ecosystem, and that a chip glut could follow over-ordering. Much of the industry's revenue growth still comes from spending within the AI ecosystem rather than from businesses and consumers outside it. He also flags political backlash, noting that ordinary people dislike AI and nearby datacenters, and warns that one high-profile accident could turn AI toxic.
- Yen jumps after JGB auction draws big demand , euro finds relief
The yen rose 0.2% to 158.15 per dollar in Asian trading after a 20-year Japanese government bond auction drew bids of 5.84 times the amount sold, well above the 4.01 times at the previous auction, and the yield fell 6 basis points to 3.71%. A State Street strategist said the record demand suggests sidelined cash is returning and that JGBs are becoming a relative haven from political and fiscal volatility in Europe, particularly France. Anti-government protests in France prompted curfews in several cities, while Italy said it would send 500 troops after two days of unrest, and the euro rallied 0.2% to $1.1234. Elsewhere, bitcoin slipped 0.3% to $81,674.25 and ether edged down 0.2% to $2,393.21.
- Unemployment rate dips to 4 . 7 % - but vacancies hit five - year low
Vacancies fell by 21,000 to 691,000 in the three months to September, the biggest drop since the three months to March and the lowest since July to September 2014 outside the pandemic, while unemployment dipped in the three months to August. Payroll numbers were down 66,000 over the year to September. The ONS said the fall was mainly among smaller firms struggling with higher labour costs, following rises in employer national insurance, the minimum wage and workers' rights. A CBI survey found labour costs and regulations were making it harder to create jobs, and firms urged the Chancellor not to add to their burden in the October 28 Budget. ICAEW's Suren Thiru said the labour market is 'running on idle' and unemployment could climb above 5 per cent, while Shadow Chancellor Andrew Griffith blamed Labour's 'Jobs Tax' and red tape.
- CNBC Daily Open: Tech rebounds in the U.S., but Asia isn’t buying it yet
U.S. tech stocks rebounded as the Nasdaq Composite rose more than 1% on Monday, with Nvidia up 1.4% and Tesla up 3.8%. In Asia, however, tech shares fell on Tuesday, with South Korea's Kospi down over 4% and Japan's Nikkei 225 down 1.6%. Nvidia also unveiled plans to back four German AI startups as part of its nearly $10 billion European investment commitment. Jenny Lee of Granite Asia said Asian companies are reaching IPOs much sooner, often at four to five years old, while Jio Platforms' Indian IPO saw its anchor investor quota oversubscribed more than 30 times, aiming to raise up to 302 billion rupees ($3.2 billion). In Singapore, several agricultural stocks fell after Senior Minister K Shanmugam warned that companies would not escape responsibility for possible roles in the haze, noting seven firms had been questioned by the Singapore Exchange.
- NiSource (NI) Stock Looks Overvalued Against Its Dividend Outlook
NiSource has nearly doubled shareholders' money over the past five years, delivering a 97.6% total return, which raises the question of whether dividends can justify the current share price. The article highlights a new 20-year energy agreement with Microsoft, including customer-funded grid upgrades and long-term electric service for data centers, which may affect future capital needs and cash-flow visibility. Using a Dividend Discount Model with inputs of about $1.35 dividend per share, roughly 9.07% return on equity, a payout ratio slightly above 61%, and implied dividend growth of about 3.5%, the estimated intrinsic value sits meaningfully below the current share price of $41.95. The model still does not bridge that gap, suggesting income investors are paying a premium for a relatively steady payout with modest assumed growth.
Get the briefing on Telegram or Zalo
Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.