The price of the new iPhone in bitcoins has decreased tenfold over eight years
After the presentation on September 9 of the new iPhone lineup, the CoinGecko team calculated how many bitcoins were needed to purchase iPhone Max models since 2018. The cost of smartphones in cryptocurrency has decreased almost every year: XS Max - 0.169 BTC, 11 Pro Max - 0.107 BTC, 12 Pro Max - 0.068 BTC, 13 Pro Max - 0.024 BTC, 14 Pro Max - 0.056 BTC, 15 Pro Max - 0.045 BTC, 16 Pro Max - 0.019 BTC, 17 Pro Max - 0.010 BTC, 18 Pro Max - 0.016 BTC. Thus, the new smartphone from Apple has become ten times cheaper in bitcoins over eight years. In dollars, the price of the iPhone 18 Pro in the USA starts at $1199, while the iPhone 18 Pro Max starts at $1299, which is $100 more than last year's models. The bitcoin exchange rate has increased elevenfold since September 2018, from $7000 to $77000 on September 10. Ten years ago, the iPhone cost more than 1 bitcoin, and now for 1 BTC, you can buy dozens of devices. In 2016, the iPhone cost 1.1 bitcoins; today, you can purchase 60 iPhone Pro Max for 1 bitcoin. Apple (AAPL) shares fell by 2% amid the presentation of new devices, reaching a low of $309.9, then the decline slowed to 0.67%, with shares trading at $314.12.
-- Price
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