Much talk has been going on about the newest Apple innovation called the iPhone 5g. The iPhone 5g is expected to be like the iPhone 4 but with improved versions of several of its features like an 8 MP camera, a 1.2GHz processor and ultimately, the use of 4G LTE mobile communications technology. But with all these enhancements and advanced technology, how much will an iPhone 5g cost? Will it be priced as user-friendly as its features and specs? Or should we ready our sewing kits in preparation for a hole in our pockets? Let us take a look at how Apple has priced its iPhone products over the years.
The iPhone 2G, which was introduced way back in January 2007, cost around $499 for the 4GB and $599 for the 8GB. Remember that this was only the package price as it was exclusively made for AT&T. Later, Apple launched the iPhone 2G 16GB version also at $499.
In July 2008, the iPhone 2G’s successor, the iPhone 3G was released. Prices were suddenly surprisingly low at $199 for an 8 GB iPhone 3G (with contract) and $299 for a 16 GB iPhone 3G (also with contract). Given the quality and durability of Apple products, this pricing strategy is quite new and unexpected. The iPhone 3G upgraded version which is the iPhone 3GS (launched in June 2009), also carried the same pricing scheme at $199 for 16 GB and $299 for 32 GB.
When it comes to the latest and most modern iPhone sold in the market today (iPhone 4), prices with contract are still at $199 for the 16GB and $299 for the 32GB. However, if you prefer to go without contract, then you have to pay $499 for 16GB and $599 for 32 GB.
Following this trend by Apple and with the competition among mobile companies also intensifying, it can be assumed that new iPhones will take on the same pricing scheme as its older siblings. This means that later models will be sold at a reasonable price. Customers can expect to get more value from the iPhone 5g at a price that is not too expensive for the average socialite. The price of the much awaited iPhone 5g can probably be safely guessed at around $305 for entry level model (with contract) and $495 to $825 for a higher end model of the iPhone 5g.