Apple Inc has been on the road to price increases since the launch of the iPhone 5 phone in 2012.
Although iPhone is becoming more and more expensive, sales are as good as ever. According to Bernstein, the average selling price of iPhone will reach $881in 2021.
It is worth mentioning that XIAOMI, known as the "king of performance-to-price ratio", is also frequently exploring the high-end market. However, in the hearts of consumers, XIAOMI's "cost-effective" label is still solid.
In recent years, the ASP (that is, the average selling price) of XIAOMI's smartphone has also increased slightly, but it is still stuck at 1,000 yuan. XIAOMI's high-end road, there is still a long way to go.
Edit / Phoebe
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