Wallethub conducted a survey in the USA to find out what people think of the new iPhone release. Whenever Apple releases a new iPhone model, everyone wants to get their hands on the new model as soon as possible. But the new survey shows that 63% of Americans are not going to buy the new iPhone model because of inflation. New iPhone model can cost up to $1,100 and in this inflation, Americans are avoiding buying the new model.
Many Americans also think that Apple mobiles are overpriced and take extra charges from consumers. If Apple wants more customers, it needs to lower the prices of its iPhones. But amongst Americans who are resisting to buy the new iPhone model, there are also Americans who are eager to buy the new model. 2 in 5 Americans say they do not mind going into debt if it means they can buy the latest iPhone model.
The survey also asked the American respondents what they think when they see someone with the latest iPhone model. 30% say that they think a person is rich if he has the latest iPhone model, while 27% think that it is wasteful to spend money on every latest iPhone model. 42% of the respondents said that they buy the latest iPhone as it is important for keeping appearances. 65% also said that they think Apple is a monopoly and the government should take actions against them.
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Many Americans also think that Apple mobiles are overpriced and take extra charges from consumers. If Apple wants more customers, it needs to lower the prices of its iPhones. But amongst Americans who are resisting to buy the new iPhone model, there are also Americans who are eager to buy the new model. 2 in 5 Americans say they do not mind going into debt if it means they can buy the latest iPhone model.
The survey also asked the American respondents what they think when they see someone with the latest iPhone model. 30% say that they think a person is rich if he has the latest iPhone model, while 27% think that it is wasteful to spend money on every latest iPhone model. 42% of the respondents said that they buy the latest iPhone as it is important for keeping appearances. 65% also said that they think Apple is a monopoly and the government should take actions against them.
Read next: Snapchat+ is Growing in Revenue After Seeing Some Decline for Few Months
