The highly anticipated launch of Apple’s iPhone 16 has finally arrived, promising more advanced features and upgrades than its predecessors. The tech community is buzzing with excitement about this new release, but a question lingers: how much would this new iPhone, along with previous versions, cost if purchased with Bitcoin (BTC)?
Over the years, Apple has introduced over a dozen new iPhone models, each commanding a premium price and boasting innovative upgrades. With Bitcoin’s steady rise since its inception in 2009, the prices of iPhones in BTC have soared dramatically. What once required hundreds of BTC to purchase now only needs a fraction, with each new iPhone model pushing the cost even higher. CoinGecko took to social media to outline the price of each iPhone in Bitcoin, from the earliest version to the latest.
The iPhone 4s, the oldest model currently, was launched in 2011 when Bitcoin was still in its infancy and valued at just a few dollars. Buying this model with Bitcoin back then would have cost a staggering 162 BTC, equivalent to $9.17 million at current exchange rates. In 2012, the iPhone 5 hit the market as Bitcoin’s value began to climb steadily, costing 53 BTC at the time. The iPhone 6 and 6s followed in 2014 and 2015, priced at 1.7 BTC and 2.8 BTC, respectively, during a period of significant price surges and fluctuations for Bitcoin.
Subsequent models like the iPhone 7 and 8 in 2016 and 2017 were priced at 1.1 BTC and 0.19 BTC, respectively. The iPhone X, released in 2017 alongside the iPhone 8, was priced at 0.14 BTC. By 2018, Bitcoin’s price had stabilized, and the iPhone XS was introduced at 0.15 BTC. The iPhone 11 emerged in 2019, costing 0.068 BTC, and the iPhone 12 in 2020 was priced at around 0.051 BTC as Bitcoin gained mainstream acceptance in the financial world.
In 2021, as Bitcoin reached record highs, the iPhone 13 was introduced at an all-time low of 0.018 BTC. The following years saw the launch of the iPhone 14 and 15 in 2022 and 2023, priced at 0.042 BTC and 0.031 BTC, respectively. Finally, in 2024, the highly anticipated iPhone 16 made its debut, available at 0.014 BTC, approximately $792.
Analyzing CoinGecko’s data reveals a significant decrease in the price of iPhones in Bitcoin over the years. This decline reflects Bitcoin’s evolution into a high-value asset in the financial world. As Bitcoin’s price continues to rise, driven by widespread adoption and increased market demand, the cost of new iPhones will also increase in dollar terms. While Apple’s iPhones symbolize cutting-edge technology, Bitcoin has transformed into a revolutionary technology and payment system in the financial sector.
In conclusion, the evolution of Bitcoin’s price and its impact on the cost of iPhones purchased with BTC highlights the dynamic nature of both the cryptocurrency and tech industries. As Bitcoin’s growth outpaces iPhone prices, it underscores the changing landscape of digital currencies and consumer electronics. The future holds exciting possibilities for both Bitcoin and Apple as they continue to innovate and shape the future of technology and finance.
