Apple announced the iPhone 14 series in September of last year with a boatload of front-facing changes. The iPhone 14 Pro demand remained high, while the standard models faced lower-than-expected demand. According to the latest research, the iPhone has reached a record-high selling price of $1,000. The latest research coins that the iPhone has reached the highest average selling point in its entire history in a normally challenging quarter. Scroll down to read more details on the subject.

Apple has hit a new high in iPhone average selling price and that too in a normal quarter

The research was conducted by CIRP, reporting that the iPhone achieved new heights, selling at an average price of $1,000. The astonishing aspect of the report is that the average selling price is usually higher in the holiday season and the launch month. Currently, the latest iPhone models are in their maturity stage as Apple gears to launch the iPhone 15 series after less than 5 months.

The average selling price of the iPhone is usually higher when users are eager to upgrade after the launch of the device. This is the first time a March quarter has recorded the highest average selling price. Same time last year, the iPhone closed at an average selling price of $882, and in 2021 the closing price was $847. You can check out the detailed graph below that highlights the previous quarters.

As we have mentioned earlier, the iPhone 14 Pro and iPhone 14 Pro Max are Apple's most popular devices this year. The standard models brought little to no changes in terms of design and other features. Externally, the iPhone 13 and iPhone 14 are identical to each other. Furthermore, Apple also kept the same chip inside the device as it strategized to move away from the flagship performance. Apple also sold the iPhone 13 alongside the iPhone 14, and it made a lot of sense for users to buy the prior.

The company is now working on perfecting the iPhone 15 Pro models. While the final word rests with Apple, we have heard that the iPhone 15 Pro models will ditch the Mute Switch in favor of an Apple Watch-like Action Button. It was also previously rumored that the company will adopt a solid-state solution for the Volume Buttons. However, the latest reports suggest that the company will reserve the change for the iPhone 16 Pro.

The iPhone features the higher trade-in values for used devices in the world. It allows users to upgrade to the latest model as well as provide the best value for others. We will share more details on the iPhone's value as soon as further details are available. Share your views with us in the comments.