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Consumers are willing to pay $100 premium for the 5.5-inch iPhone 6

According to an analyst, consumers are willing to pay another Apple premium of $100 for the bigger 5.5-inch version of the next-gen iPhone (NASDAQ:AAPL)

| Mobile Devices, Tablets & Phones News | Posted: Jun 14, 2014 3:35 pm

Apple iPhone owners already pay a steep price to have an iPhone, but according to Raymond James analyst Tavis McCourt, consumers are willing to pay an even higher premium when it comes to the iPhone 6.

 

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We've heard that there will be a 4.7-inch and 5.5-inch version of the next-gen iPhone, but McCourt believes that the larger model will carry a $100 premium, and that consumers are willing to pay the premium for the slightly larger iPhone. He said: "Our June consumer survey points to continued growth in the willingness of iPhone users to pay $100 more for a bigger screened iPhone, with now a full one-third of survey respondents willing to pay a $100 premium".

 

McCourt continued: "data seems to suggest meaningful demand for a larger screen, which should logically mean the iPhone 6-cycle will be strong for upgrade sales, which combined with modest contribution from wearables should cause a modest acceleration in revenue growth in fiscal 2015". With the iPhone 5S still selling for $600+, the new 4.7-inch iPhone 6 would have to debut at the same price of around $600-$700, meaning that the 5.5-inch version would be hitting the $800 mark - if Apple doesn't debut the new iPhone models at a cheaper price. Are you willing to pay that much for the new, bigger iPhone?

NEWS SOURCES:Macrumors.com

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