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If You Had Invested $799 In Bitcoin Instead Of Buying An iPhone 14 Last Year, Here's How Much You'd Have Now

Published 30/08/2023, 13:00
© Reuters.  If You Had Invested $799 In Bitcoin Instead Of Buying An iPhone 14 Last Year, Here's How Much You'd Have Now
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Benzinga - Apple Inc‘s (NASDAQ:AAPL) upcoming event is expected to unveil the iPhone 15, iPhone 15 Plus, iPhone 15 Pro, and iPhone 15 Pro Max.

What Happened: Apple enthusiasts can mark their calendars as the tech giant announced the much-awaited Wonderlust event, scheduled for Sept. 12. The event will be live-streamed online, allowing fans from around the world to join in.

With a starting price of $799 in the U.S., the base model retains the same price point as its predecessor, the iPhone 14.

The iPhone 14 was launched on Sept. 9, 2022, also priced at $799.

See More: A Stay At The Floating Palace From James Bond's ‘Octopussy’

Why It Matters: For those who opted to invest that amount in Bitcoin instead of purchasing the iPhone 14 on Sept. 9, 2022, when it was trading at $21,203 they would have made a profit of $231.11, which means 28.93% gains.

The investment amount of $799 would have grown to a total of $1,030.11.

At the time of writing, BTC was trading at $27,336, according to Benzinga Pro.

Will The Crypto Winter Be Over In 2023? Ask industry experts directly at Benzinga’s Future of Digital Assets event happening in NYC on Nov. 14, 2023. Be a part of the discussions where you won’t just be a passive spectator. Don’t let this chance slip away – secure early bird discounted tickets now!

Read Next: Bitcoin, Ethereum, Dogecoin Rise Without New Triggers: Analyst Is ‘Comfy, Long, And Accumulating’ After Foreseeing Market Reversal

© 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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