One Of The Most Amazing Things About The iPhone's First Five Years

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		Tech Science Entertainment Wall Street Markets Strategy Sports Lifestyle Politics Law International Video Latest Wednesday, June 27, 2012 One Of The Most Amazing Things About The iPhone's First Five Years The iPhone turns five this week. One of the most impressive things about the iPhone's five year run is that the average selling price of the phone has remained just about the same around $600, notes Horace Dediu of Asymco. Meanwhile, Apple's rivals pull in less than $400 per device. Think about that for a second. Apple defined the modern smartphone market with the iPhone. It then faced an onslaught of competition from Google, Microsoft, Palm, and Research In Motion. Despite their various efforts to dethrone the iPhone, Apple has managed to stay on top. This is evident by the fact that since 2008 Apple has never had to slash its prices. With all the competition, and pressure from carriers, if Apple was losing the smartphone battle, you'd expect it to cut the price of the phone. Instead, it's been steady. Read » Also On SAI Today: Google's Glasses Are Available For Developers And Cost $1,500 Proof That You Don't Need To Take A Big Pile Of VC Money To Build A Great Business Zynga's Mobile Ambitions Google Demonstrates Its Computerized Glasses By Having People Wearing Them Jump Out Of A Blimp – Live Advertisement CHART OF THE DAY: The App Economy Is ~$3.5 Billion Visual Learner? Get SAI's Chart Of The Day CHART OF THE DAY: Which Tech Company Spends The Most On Advertising? Share this: Facebook Twitter Digg Reddit StumbleUpon LinkedIn The email address for your subscription is: ipat39@gmail.com Change Your Email Address | Unsubscribe | Subscribe | Subscribe to the SAI RSS Feed Business Insider. 257 Park Avenue South, New York, NY 10010 Terms of Service | Privacy Policy

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