Apple’s highly anticipated iPhone 16 launch has finally arrived, hopefully bringing more advanced features and improvements than previous iPhone versions. While the tech community is excited about its debut, questions are being asked about how much this up-to-date iPhone, as well as other previous versions, would cost if purchased from Bitcoins (BTC).
iPhone Cost in Bitcoins
Over the years, Apple introduced more than a dozen up-to-date versions of the iPhone, each with a high price tag and up-to-date improvements. Thanks to Bitcoin’s steady and solid growth since its inception in 2009, prices of each iPhone in BTC increased dramatically.
What once cost hundreds of BTC now requires a fraction, and the cost of each iPhone growing even more with the release of up-to-date models. CoinGecko moved to X (formerly Twitter) instead fasting On September 9, we will provide a detailed outline of the Bitcoin price of each iPhone model, starting with the earliest version and ending with the newest one.
The iPhone 4s is currently the oldest iPhone model, introduced in 2011 when Bitcoin was still in its early stages and worth just a few dollars. At the time, purchasing this archaic model with Bitcoin would have cost a staggering 162 BTC, or $9.17 million, based on current exchange rates.
In 2012, the iPhone 5 hit the market just as Bitcoin’s value began to rise steadily. Buying the phone that year would have cost a whopping 53 BTC. The iPhone 6 and 6s were also released in 2014 and 2015 at a price of 1.7 BTC and 2.8 BTC, respectively. At that time Bitcoin price has skyrocketed significantly, but some gentle price fluctuations were noted.
The iPhone 7 and iPhone 8 were launched in 2016 and 2017 respectively. The price of the iPhone 7 at that time was around 1.1 BTC, while the iPhone 8 was worth 0.19 BTC.
The iPhone X was also introduced in 2017 along with the iPhone 8 and priced at 0.14 BTC. The following year Bitcoin price has stabilized significantly after the price boost in 2017. Around September 2018, the iPhone XS was released at a price of 0.15 BTC.
With an improved camera and up-to-date improvements, the iPhone 11 was launched in 2019 and was bought for 0.068 BTC. In 2020, it also debuted iPhone 12 when Bitcoin fully entered the mainstream financial world. At that time, the price of an iPhone 12 was around 0.051 BTC.
Moreover, in 2021, when Bitcoin price skyrocketed to record highsThe iPhone 13 was launched and priced at an all-time low of 0.018 BTC. The following year, Apple launched the iPhone 14 for 0.042 BTC, and the iPhone 15 in 2023 for 0.031 BTC.
Finally, in 2024, the much-anticipated iPhone 16 officially debuted and is currently available for 0.014 BTC, which is approximately $792.
BTC growth outpaces iPhone prices
Looking at CoinGecko’s data, you can see that the price of each iPhone in Bitcoin has dropped significantly over the years. The drop in BTC required to buy the latest iPhone models shows the cryptocurrency’s path to becoming a valuable asset in the financial world.
One sec Bitcoin price continues to gain popularityis characterized by universal adoption and increased market demand, the price of up-to-date iPhones will also boost in dollar terms. Currently, Apple’s iPhone remains a symbol of cutting-edge technology; however, Bitcoin has evolved in a revolutionary technology and payment system in the financial sector.
Featured image created with Dall.E, chart from Tradingview.com
