A comparison of Apple's recent smartphone releases shows how the value of iPhone devices has fallen against BTC over the years.
On September 12, the popular multinational technology company Apple introduced the iPhone 15 series with great fanfare. But a comparison of iPhone prices over the years shows how the value of #bitcoin has increased over the years.
The first tracking of the price of Bitcoin against the iPhone took place after the release of the iPhone 4S in 2011. According to CoinGecko data, the retail price of the device was around $ 649, which is equivalent to about 162 BTC at that time, and BTC was traded at an average of $ 4.
Interestingly, the widespread adoption of BTC as an asset class over the past decade meansthat the recently released iPhone 15 device costs only 0.03 BTC (about $799), and BTC trading is $ 26,300.
the iPhone 15 Pro, which starts at $ 999, is worth 0.038 BTC, and the iPhone 15 Pro Max is going on sale at $ 1199, which is the equivalent of 0.046 BTC.
Apple iPhone prices compared to Bitcoin
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In particular, the iPhone 13 device released towards the peak of Bitcoin in 2021 costs only 0.018 BTC, which is the lowest price against BTC since statistics began to be collected.
The historical performance of Bitcoin also shows that the value of the digital asset against iPhone devices will continue to increase in the coming years.
anyone who bought 1 BTC for $ 4 in 2011 and has held it so far will be able to buy 33 iPhone 15 devices, given the current market price of Bitcoin, $ 26,300. #crypto2023 #Binance #BinanceTournament