Data Apple launch event 2018: Here's how iPhone prices have evolved in last 5 years Updated : September 19, 2018 01:43 PM IST The prices of the iPhones have seen a consistent rise since 2014, with the most expensive iPhone at the time, 6S Plus, reaching $499. In 2007, when Apple launched its first ever iPhone, named 'iPhone', it was in the price range of the cheapest at $499 and the most expensive at $599. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.