People are buying iPhones with more screen, a faster processor and more storage, making it easier for businesses to make money, according to research from AppleInsider.
The report, which focuses on the iPhone 5 and 6, shows that AppleInsiders estimate the iPhone 6s will be worth $350 in 2019, compared to $230 in 2019.
It’s also estimated the iPhone X will cost $1,200, up from $650 in 2019 and $580 in 2019 for the iPhone 7 and 8.
AppleInsider, which is part of The Information, says the iPhone is the fastest-selling iPhone ever.
“iPhone 6s, iPhone 6 and iPhone 6 Plus are the best-selling iPhones in history, selling more units than the original iPhone 4S, iPhone 4, iPhone 5, iPhone 7, iPhone 8, and iPhone X combined,” it wrote.
“They also are the fastest selling phones in history.”
The report says the average selling price of the iPhone has grown to $1.3 million, which accounts for an 89% increase from 2019.
Apple has sold more than 200 million iPhones since its release in September 2016.