Wow, that is quite surprising, $849 for a 64gb 5!
Surprising isn’t it.
Although whilst it is the same storage it is not quite comparing apples with apples (yes, I know 64 v 64 is exactly the same but hear me out!)
I’m sorry but you are incorrect. It is a direct apple to apple comparison.
Because if you look at it objectively you get so much more today with the iPhone Xs 64gb than you did with the iPhone 5 64gb in 2012 all for $150 dollars more.
because at the time of the 5, 64gb was top end so really the price should be compared with the top end xs which is £1,349; 64gb back then got you a lot more than 64gb does now so in effect you should really compare the bottom end of both, ie. iphone 5 $649 v iphone xs $999 which does show a massive increase in the price of the entry level phone of the latest model.
No, that is incorrect, your talking about storage tiers while the op has claimed apple has increased iPhone prices out of greed or profit that statement is factually false and misleading.
What Apple has done is eliminated the lower memory tiers and replaced it with a new model the iPhone xr.
Back in 2012, apple only offered one iPhone. Today they offer 6 different iPhones in a multitude of price tiers.
The iPhone has not increased in price it actually is very comparable to 2012, and your getting so much more for $150 today compared to 2011 with the iPhone 5.