The average iPhone price rose to $825 in 2021, up 14% from last year.
the iPhone’s average retail price grew by double digits last year, up 14% on an interannual basis. This is mainly due to the increase in sales of the iPhone 13, at least this is confirmed by a study by Counterpoint. Despite component shortages, the global smartphone market as a whole recorded annual revenue of $448 billion, a growth of 7%.
The average selling price (ASP) of smartphones increased 12% year-on-year to 322, mainly due to a higher proportion of 5G smartphones, which have a significantly higher ASP than 4G models, as well as the successful launch by Apple of its iPhone 13 devices.
The iPhone 13s succeed
Apple retains nearly half of all mobile market revenue, 44% ($196 trillion), having a Average iPhone Selling Price (ASP) of $825the highest in history.
Apple’s iPhone revenue grew 35% year-on-year, reaching $196 billion in 2021. It captured 44% of total global market revenue in 2021. Strong demand for iPhone iPhone 12 and 13 with 5G helped Apple achieve 14% growth in overall ASP. , which reached $825 in 2021. The brand has also managed to increase its market share in key emerging markets such as India, Thailand, Vietnam and Brazil.
Samsung remains in second place, although in a very distant position. The Korean company had a total turnover of 72,000 million dollars with an average selling price of 263 dollars. That is to say, Samsung earns 3 times less than Apple selling smartphones. The two companies are followed by Oppo (which now includes OnePlus), Xiaomi and Vivo.
Apple has been the biggest earning company in the market for years, it’s no surprise. However, what may surprise is that the average sale price is increasing. This means that each More and more users are opting for the most expensive iPhone.
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