Smartphone prices could increase exponentially, Uswitch research suggests
Uswitch research has indicated that iPhone’s could cost over £2000 by 2030.
The research shows that in the last ten years, iPhones have increased in price by around 120 per cent.
In 2010, the iPhone 4 was released and cost just £499. In comparison to last month’s release of the iPhone 12 Pro Max that will set customers back £1399 for the 512GB variant of the device.
If future iPhones continue this trend, a model could cost upwards of £2400 by 2030.
More information on the best selling handsets from 1995 to 2020 can be found here.