The first iPhone was released in the United States at the starting price of $499 in 2007. In 2016, the iPhone 7 started at $649, and the current flagship iPhone available, the iPhone 13 Pro starts at $999! It costs 54% more than it did just 5 years back. A 60% rise can also be seen between the Mac Mini models with a jump from $499 to $799. That’s not all. This drastic pricing brings in a large sum of profits for Apple, helping them be the US’s first trillion-dollar company. Apple’s Unique Selling Point, Brand Image & Loyalty, and After Sales Service are the notable reasons for selling the iPhone at a premium price. In today’s video, we will let you know the detailed reasons for the extensive pricing of the iPhone.
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Video Sections:
00:00 - Introduction
01:07 - Overview
02:16 - Why Expensive
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Source:
Companies market cap: https://bit.ly/3k9GOAi
CNBC: https://cnb.cx/2XiFS3E
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Video Credit:
TheReactShow: https://bit.ly/3kaOTo7
Amalia Cal: https://bit.ly/3tVAaB3
Apple Support: https://bit.ly/3tQyicI
Apple TV: https://bit.ly/3EkBv8Z
Video Insider: https://bit.ly/3AesOe9
Apple: https://bit.ly/3tM9cvA
Samsung: https://bit.ly/3tHXFgE
Xiaomi: https://bit.ly/3zaDpW1
Logitech: https://bit.ly/2Xo6Er2
Dell: https://bit.ly/39cE5Qh
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