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The iPhone 17 is the 19th generation of iPhone. The Pro Max is the 50th iPhone model and the 2TB version is the 158th variant, not including color variations. The table showing all the previous variants, models and generations is shown below.

Config #

Model #

Generation

Year of launch

Model

Memory (GB)

1

1

1

2007

iPhone

4

2

1

1

2007

iPhone

8

3

1

1

2007

iPhone

16

4

2

2

2008

3G

8

5

2

2

2008

3G

16

6

3

3

2009

3GS

8

7

3

3

2009

3GS

16

8

3

3

2009

3GS

32

9

4

4

2010

4

8

10

4

4

2010

4

16

11

4

4

2010

4

32

12

5

5

2011

4S

8

13

5

5

2011

4S

16

14

5

5

2011

4S

32

15

5

5

2011

4S

64

16

6

6

2012

5

16

17

6

6

2012

5

32

18

6

6

2012

5

64

19

7

7

2013

5C

8

20

7

7

2013

5C

16

21

7

7

2013

5C

32

22

8

7

2013

5S

16

23

8

7

2013

5S

32

24

8

7

2013

5S

64

25

9

7

2013

SE

16

26

9

7

2013

SE

32

27

9

7

2013

SE

64

28

9

7

2013

SE

128

29

10

8

2014

6

16

30

10

8

2014

6

64

31

10

8

2014

6

128

32

11

8

2014

6 Plus

16

33

11

8

2014

6 Plus

32

34

11

8

2014

6 Plus

64

35

12

9

2015

6S

16

36

12

9

2015

6S

32

37

12

9

2015

6S

64

38

12

9

2015

6S

128

39

13

9

2015

6S Plus

16

40

13

9

2015

6S Plus

32

41

13

9

2015

6S Plus

64

42

13

9

2015

6S Plus

128

43

14

10

2016

7

32

44

14

10

2016

7

128

45

14

10

2016

7

256

46

15

10

2016

7 Plus

32

47

15

10

2016

7 Plus

128

48

15

10

2016

7 Plus

256

49

16

11

2017

8

64

50

16

11

2017

8

128

51

16

11

2017

8

256

52

17

11

2017

8 Plus

64

53

17

11

2017

8 Plus

128

54

17

11

2017

8 Plus

256

55

18

12

2018

X

64

56

18

12

2018

X

256

57

19

12

2018

Xr

64

58

19

12

2018

Xr

128

59

19

12

2018

Xr

256

60

20

12

2018

Xs

64

61

20

12

2018

Xs

256

62

20

12

2018

Xs

512

63

21

12

2018

Xs Max

64

64

21

12

2018

Xs Max

256

65

21

12

2018

Xs Max

512

66

22

13

2019

11

64

67

22

13

2019

11

128

68

22

13

2019

11

256

69

23

13

2019

11 Pro

64

70

23

13

2019

11 Pro

256

71

23

13

2019

11 Pro

512

72

24

13

2019

11 Pro Max

64

73

24

13

2019

11 Pro Max

256

74

24

13

2019

11 Pro Max

512

75

25

14

2020

SE

64

76

25

14

2020

SE

128

77

25

14

2020

SE

256

78

26

14

2020

12 mini

64

79

26

14

2020

12 mini

128

80

26

14

2020

12 mini

256

81

27

14

2020

12

64

82

27

14

2020

12

128

83

27

14

2020

12

256

84

28

14

2020

12 Pro

128

85

28

14

2020

12 Pro

256

86

28

14

2020

12 Pro

512

87

29

14

2020

12 Pro Max

128

88

29

14

2020

12 Pro Max

256

89

29

14

2020

12 Pro Max

512

90

30

15

2021

13 mini

128

91

30

15

2021

13 mini

256

92

30

15

2021

13 mini

512

93

31

15

2021

13

128

94

31

15

2021

13

256

95

31

15

2021

13

512

96

32

15

2021

13 Pro

128

97

32

15

2021

13 Pro

256

98

32

15

2021

13 Pro

512

99

32

15

2021

13 Pro

1024

100

33

15

2021

13 Pro Max

128

101

33

15

2021

13 Pro Max

256

102

33

15

2021

13 Pro Max

512

103

33

15

2021

13 Pro Max

1024

104

34

16

2022

14 Pro 

128

105

34

16

2022

14 Pro 

256

106

34

16

2022

14 Pro 

512

107

34

16

2022

14 Pro 

1000

108

35

16

2022

14 Pro Max

128

109

35

16

2022

14 Pro Max

256

110

35

16

2022

14 Pro Max

512

111

35

16

2022

14 Pro Max

1024

112

36

16

2022

14

128

113

36

16

2022

14

256

114

36

16

2022

14

512

115

37

16

2022

14 Plus

128

116

37

16

2022

14 Plus

256

117

37

16

2022

14 Plus

512

118

38

17

2023

15 Pro 

128

119

38

17

2023

15 Pro 

256

120

38

17

2023

15 Pro 

512

121

38

17

2023

15 Pro 

1024

122

39

17

2023

15 Pro Max

256

123

39

17

2023

15 Pro Max

512

124

39

17

2023

15 Pro Max

1000

125

40

17

2023

15

128

126

40

17

2023

15

256

127

40

17

2023

15

512

128

41

17

2023

15 Plus

128

129

41

17

2023

15 Plus

256

130

41

17

2023

15 Plus

512

131

42

18

2024

16 Pro

128

132

42

18

2024

16 Pro

256

133

42

18

2024

16 Pro

512

134

42

18

2024

16 Pro

1024

135

43

18

2024

16 Pro Max

256

136

43

18

2024

16 Pro Max

512

137

43

18

2024

16 Pro Max

1024

138

44

18

2024

16

128

139

44

18

2024

16

256

140

44

18

2024

16

512

141

45

18

2024

16 Plus

128

142

45

18

2024

16 Plus

256

143

45

18

2024

16 Plus

512

144

46

18

2024

16e

128

145

46

18

2024

16e

256

146

46

18

2024

16e

512

147

47

19

2025

17

256

148

47

19

2025

17

512

149

48

19

2025

Air

256

150

48

19

2025

Air

512

151

48

19

2025

Air

1024

152

49

19

2025

17 Pro

256

153

49

19

2025

17 Pro

512

154

49

19

2025

17 Pro

1024

155

50

19

2025

17 Pro Max

256

156

50

19

2025

17 Pro Max

512

157

50

19

2025

17 Pro Max

1024

158

50

19

2025

17 Pro Max

2048

Each of these models had a starting price (unlocked, US Apple store price in USD, before taxes, subsidies, etc.) The price and duration of sales period are shown in the following diagram (click on picture for full-size view.)

The eye is naturally drawn to the upper right corner where the new top-of-the-line iPhone 17 Pro Max 2TB variant is priced at $1999. This is not unexpected as the introduction of higher memory or “Pro” variants has broadened the upper end of the price range in a more-or-less regular cadence. Historically these increases were every three years but we’ve now gone four without a jump.

However, the delay is made up for by a significantly higher gap up. Only in 2018, with the launch of the Xs, did we see as significant a jump ($400) as we did today. Unlike in 2018, there are no other variants filling the gap. There is no $1899 iPhone or a $1799 or $1699 either. The next model is the 17 Pro Max 1TB at $1599. It also happens to be the same price as the 16 Pro Max 1TB, as indeed all the other 16->17 upgrades kept the same price.

The price “slots” are all filled nicely including with the typical decrease in price by $100 for year-old variants, the 16 Plus 256, 16 Plus 128 and 16 128. Since the SE was withdrawn last spring, the entry point for a new iPhone is down to $599, now the “floor” of the price band.

And so the “stairway to heaven”, as this graph came to be known persists. It’s a graduate level thesis on pricing which speaks volumes on pricing power, especially relative to the Android alternatives and to almost every other consumer electronics category. I won’t repeat the observations made about this pattern over the years but I will say that the point Apple wishes to make is that if you want an iPhone, there is one at every price you can afford, and used ones are still available well below the floor new iPhones sell at. By stretching the band upward, it provides greater storage and more functions bundled to those who really need it.

However, one problem with this graph is that it does not account for inflation. Taking the month of June 2025 (the last for which data is available,) the adjustment for 2007 is 1.53. In other words prices now are are 53% more expensive (as are wages, mostly). If we were to present the pricing data at constant June 2007 dollars, it would look like this:

Note that I am showing the unadjusted and adjusted graphs next to each other so that a comparison can be made at a glance. The density of the data does not permit the labeling of the adjusted graph in its entirety and the hundreds of lines needed cannot be made consistent in color across the two graphs.

Nonetheless, the inflation adjusted data is startling. Excluding the 2TB outlier, the inflation adjusted graph is peaking at around $1000 with the median below $700. Shockingly, that median is almost exactly the same as the iPhone 3G’s launch price of 2008 and one can visually trace a line across the whole graph maintaining this average selling price to the present. The outlier $1999 2025 iPhone would be a $1300 2007 price point. Not cheap but it exceeds in storage and performance any laptop costing $4000 back then.

From its inception, the iPhone was labeled “expensive”, “exclusive” or “premium,” somehow not for everyone. But 3 billion sold and 1.5 billion users later this is obviously wrong. It is very much a mainstream product. Almost 1 in 5 human beings on the planet are using it [although it be the wealthiest 20%]. But it did not get there by lowering prices. Not even for those living in countries with far lower income levels. It got there by keeping prices steady while improving performance exponentially and adding new measures of performance that nobody asked for but everyone wanted.

There is something quite extraordinary about this product. And it’s not anywhere near being done improving. It still elicits an increase in heartbeat and a dilation of the pupils. I always said it’s in the market for hormones.

Speaking of, the same price band analysis can be applied to the iPad, Mac, and AirPods. Not yet to the Vision Pro, which tells you something. But the Watch, that’s another classic segmentation story. Now it seems to be ready to diagnose the rise in blood pressure you’re likely to get by looking at these graphs.

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