Foldable iPhone, Bitcoin-to-iPhone Ratio, New CEO: Apple's Top Stories This Week

As the week draws to a close, let's recap the headlines that shaped the tech world this week.

Analysts Say Apple Customers Can Absorb Price Hikes, With Minimal Impact on User Retention

According to Gene Munster of Deepwater Asset Management and Dan Ives of Yorkville, Apple may be entering a stronger multi-year upgrade cycle as new hardware, AI features, and the foldable iPhone give consumers more reasons to upgrade.

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Apple's Inflation Passed to iPhone Buyers Is Lower Than the 50% Price Jump of Trump's Phone

Apple raised prices on its latest iPhone models, the iPhone 18 Pro and iPhone 18 Pro Max, but the increase is less than that of a phone named after the current president. The new models begin shipping to consumers this month.

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Bitcoin-to-iPhone Ratio Has Plunged 99.99% Since 2011

Apple unveiled its $2,000 foldable iPhone Duo. However, for crypto enthusiasts, the real story is that one Bitcoin can now buy 60 iPhones, compared to just 0.9 in 2016. Market commentator Master of Crypto shared a full history of how much Bitcoin one iPhone has been worth since 2011.

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Apple CEO John Ternus Takes the Helm, With a Style More Like Jobs Than Cook

Apple took center stage this week with the launch of the iPhone Duo foldable and the latest iPhone models. The "surprise and delight" event also introduced new CEO John Ternus, allowing him to showcase his leadership style. This change may mark a departure from the years under Tim Cook's leadership.

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A Dating App Outperforms Apple, Meta, and Microsoft on This Metric

Grindr Inc. generates $3 million in revenue per employee, surpassing Apple and trailing only Nvidia. According to a widely shared chart, Grindr nearly beats all of the "Magnificent Seven" tech stocks in revenue per full-time equivalent employee.

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