Apple's iOS 27 operating system, announced at the WWDC 2026 event, will be updated for older phone models such as the iPhone 11 series launched in 2019, extending software support to up to eight years – an unprecedented achievement.

Although the iPhone 11 is unlikely to support any new features related to Apple Intelligence, having an extra year of software support comes between two crucial moments in the tech industry.

The most obvious reason is the overall increase in the cost of electronics, attributed to factors such as the ongoing RAM shortage and concerns about rising tariffs over the past few years.

The market has seen some companies push up phone prices by as much as $200 between 2025 and 2026 models. In some cases, the price has even exceeded the launch price.

But perhaps less noticed is the used market, where older iPhone models are still readily available. A 256GB iPhone 11 is currently priced at $209 on Amazon at the time of writing.