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What the iPhone 12 tells us about the state of the smartphone industry in 2020 – TechCrunch

The smartphone business was in transition effectively earlier than COVID-19 was a blip on anybody’s radar. Greater than 13 years after the launch of the unique iPhone, these merchandise have lengthy since transitioned from luxurious objects to commodities, dropping a few of their luster within the course of. The previous a number of years have seen slower improve cycles as customers grew reluctant to pay $1,000 or extra for brand spanking new units.

And whereas the iPhone 12 was little doubt in growth lengthy earlier than the present pandemic, the pandemic’s world shutdown has solely exacerbated many present issues for smartphone makers. The clearest illustration of Apple’s response is within the sheer variety of iPhones introduced at right this moment’s “Hello Pace” occasion. Lengthy gone are the times when an organization may relaxation on a single flagship or two.

At present’s occasion introduced a grand complete of 4 new iPhone fashions, ranging in value from $699 to $1,099: the 12, 12 mini, 12 Professional and 12 Professional Max. As with the Apple Watch, the corporate is holding final yr’s iPhone 11 round and has minimize the worth to $599. That places the older mannequin within the high-mid-range for Android units, however represents a far cheaper entry level than we’re accustomed to for Apple telephones.

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Brian Heater