Blog Post
The New iPhone 16 Pro Max: Surprisingly Affordable When Adjusted for Inflation
Reagan Mukabana
09 Sep 2024
The newly announced iPhone 16 Pro Max has a starting price of $1,199, making it the most expensive iPhone model ever released by Apple. At first glance, this seems like a hefty price tag. However, when considering inflation and the added value of new features, the price of the iPhone 16 Pro Max is actually more reasonable than it appears.
Back in 2017, Apple launched the iPhone X for $999, the most expensive iPhone at the time. But when adjusting for inflation, the original $999 price tag for the iPhone X would be equivalent to $1,273 today. This means that, relatively speaking, the iPhone 16 Pro Max is actually cheaper than the iPhone X when it first launched. According to Consumer Price Index (CPI) data from the Bureau of Labor Statistics, smartphones have even become 8.2% cheaper over the past year when considering the value added by upgrades like enhanced battery life.
The new iPhone 16 Pro, on the other hand, is priced at $999, the same price as its predecessor, the iPhone 15 Pro. Both the iPhone 16 Pro and Pro Max will be available for pre-order starting Friday and will hit stores on September 20.
Bigger, Faster, and Smarter: What’s New in the iPhone 16 Pro Line? Apple has made several key improvements to the iPhone 16 Pro line, focusing on performance, display, and AI capabilities. The Pro model now has a 6.3-inch screen, while the Pro Max comes with a 6.9-inch screen, both larger by 0.2 inches compared to last year’s models. With slimmer borders and longer-lasting battery life, the new models aim to enhance the user experience significantly.
Apple's new custom-built A18 chip is designed to work seamlessly with the company's new AI tools, offering improved performance and smarter features. The iPhone 16 Pro series also supports 4K video recording at 120 frames per second, with the ability to create slow-motion videos after recording, giving users more flexibility when capturing moments. Audio recording has also been upgraded with spatial audio and reduced background noise, allowing conversations to stand out more clearly in videos.
Conclusion While the iPhone 16 Pro Max may seem expensive at first glance, a closer look reveals that it is competitively priced when accounting for inflation and the advanced technology it brings to the table. The combination of a larger display, enhanced battery life, AI-powered performance, and innovative video and audio capabilities makes the iPhone 16 Pro series a compelling choice for those looking for a premium smartphone experience.
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Back in 2017, Apple launched the iPhone X for $999, the most expensive iPhone at the time. But when adjusting for inflation, the original $999 price tag for the iPhone X would be equivalent to $1,273 today. This means that, relatively speaking, the iPhone 16 Pro Max is actually cheaper than the iPhone X when it first launched. According to Consumer Price Index (CPI) data from the Bureau of Labor Statistics, smartphones have even become 8.2% cheaper over the past year when considering the value added by upgrades like enhanced battery life.
The new iPhone 16 Pro, on the other hand, is priced at $999, the same price as its predecessor, the iPhone 15 Pro. Both the iPhone 16 Pro and Pro Max will be available for pre-order starting Friday and will hit stores on September 20.
Bigger, Faster, and Smarter: What’s New in the iPhone 16 Pro Line? Apple has made several key improvements to the iPhone 16 Pro line, focusing on performance, display, and AI capabilities. The Pro model now has a 6.3-inch screen, while the Pro Max comes with a 6.9-inch screen, both larger by 0.2 inches compared to last year’s models. With slimmer borders and longer-lasting battery life, the new models aim to enhance the user experience significantly.
Apple's new custom-built A18 chip is designed to work seamlessly with the company's new AI tools, offering improved performance and smarter features. The iPhone 16 Pro series also supports 4K video recording at 120 frames per second, with the ability to create slow-motion videos after recording, giving users more flexibility when capturing moments. Audio recording has also been upgraded with spatial audio and reduced background noise, allowing conversations to stand out more clearly in videos.
Conclusion While the iPhone 16 Pro Max may seem expensive at first glance, a closer look reveals that it is competitively priced when accounting for inflation and the advanced technology it brings to the table. The combination of a larger display, enhanced battery life, AI-powered performance, and innovative video and audio capabilities makes the iPhone 16 Pro series a compelling choice for those looking for a premium smartphone experience.