iPhone

High Demand for Premium iPhones with Extra Storage Drives Average Price Above $1,000

Apple's latest iPhones hit record-high average prices as demand soars for Pro models with extra storage, reaching $1,018 in the September 2024 quarter.
By Blip Tech 1 min read

Consumer demand for premium iPhones with extra storage has driven the average U.S. retail price to a record high, topping $1,000 per device for the first time in September 2024. The rise is primarily due to strong consumer preference for Pro and Pro Max models equipped with expanded storage. As consumers prioritize advanced features and additional storage, Apple's iPhones have seen a steady increase in average prices.

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