Barclays: Only 11% of consumers willing to pay $1,000 or more for a new iPhone

New information sent by Barclay’s to its clients, and obtained by CNBC, reveals that the price of the Apple iPhone this year might finally reach a point that turns consumers away. The tenth anniversary model is dubbed the Apple iPhone 8, and early speculation has put a price tag as high as $1,000-$1,200 on the handset. But the bank’s survey shows that only 11% of those who responded to its poll said that it would pay more than $1,000 cash for an iPhone. Among existing iPhone owners, that 11% rises to 18%.

While the survey numbers don’t seem to bode well for iPhone 8 sales, most of those …

from PhoneArena – News


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