The iPhone 16was released on Monday, and it has everyone talking.
But with inflation hitting everyone’s wallets, many people are wondering if they can afford to upgrade.
The survey highlights that cost is a significant factor.
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With some iPhone models priced at over $1,000, 9 in 10 Americans believe iPhones are overpriced.
While 30 percent consider them wealthy, 27 percent believe its wasteful.
WalletHubs survey also touches on broader attitudes toward Apple.
Meanwhile, the survey results give insight into the financial pressures shaping todays tech purchases.
