Apple’s last flagship, the iPhone 17, has become almost 50% cheaper when it has a price in Bitcoin or Ethereum compared to last year’s model, according to a new Coingcko report.
Coingcko data shows that the iPhone 17 now costs only 0.0072 BTC, compared to 0.014 BTC for iPhone 16.
The price of Bitcoin almost doubled at that time, rising from $ 57,049 during last year’s launch to $ 111,033 during this launch cycle. That increase, not an Apple price cut, explains the fall in cryptographic terms.
In particular, the trend extends through Apple’s alignment. The new iPhone Air costs 0.0090 BTC, while the iPhone 17 Pro and Pro Max require 0.0099 BTC and 0.0108 BTC, respectively.
Interestingly, Ethereum tells a similar story.
IPhone buyers only need 0.1866 ETH for an iPhone 17, below 0.3386 ETH for iPhone 16. The price of ETH increased from $ 2,359.57 to $ 4,282.40 in the last year, a gain of more than 80%.
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Meanwhile, this is not the first time that cryptography gains have remodeled the affordability of the iPhone.
When Apple launched the iPhone 4S to $ 649 in 2011, the equivalent cost in Bitcoin was more than 162 BTC, which was then quoted around $ 4 each.
Today, despite a higher price than $ 799, the iPhone 17 requires less than 0.008 BTC. That is a 99.9% reduction in Bitcoin necessary to buy an flagship iPhone for 14 years.
Ethereum’s trajectory is equally dramatic. In 2015, an iPhone with a price of $ 649 resulted in approximately 876 ETH. Ten years later, the new iPhone can be bought for less than a fifth of a single eth.
