When the iPhone 14 is introduced later this year, it is highly probable that the price will be more than it was for the previous iteration. The average selling price (ASP) of the iPhone 14 series may rise by much to 15% to exceed $1,000 for the first time, according to a recent tweet from industry expert Ming-Chi Quo. Price increases for the Pro and Pro Max variants appear to be the main cause of this.
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Hon Hai/Foxconn is one of the winners of the increased ASP of iPhone 14 series. I estimated iPhone 14 series ASP would increase by about 15% (vs. iPhone 13 series ASP) to $1,000-1,050 (USD) due to two iPhone 14 Pro's price hikes & higher shipment proportion. https://t.co/UgiW0kom4F— 郭明錤 (Ming-Chi Kuo) (@mingchikuo) August 10, 2022
Similar rumors about the price of the iPhone 14 have previously surfaced, with Korean tipster Lanzuk recently claiming that Apple will be raising the prices of the higher-end models from $999 to $1,099 (iPhone 14 Pro) and $1,099 to $1,199. (iPhone 14 Pro Max).
The replacement for the iPhone mini, a new 6.7-inch non-Pro “Max” model, is the subject of several speculations as well. The iPhone 14 Max will start at £100/$100 more than its smaller sister, which is anticipated to maintain the same $799 price tag, if Apple follows the same formula as the previous Pro Max phones. So anticipate a $899 price point for the iPhone 14 Max.
So, we could be looking at the following prices for the new models:
- iPhone 14: $799/£779
- iPhone 14 Max: $899/£879
- iPhone 14 Pro: $1,099/£1,049
- iPhone 14 Pro Max: $1,199/£1,149
As a comparison, here’s how the current gneeration lines up:
- iPhone 13 mini: $699/£679
- iPhone 13: $799/£779
- iPhone 13 Pro: $999/£949
- iPhone 13 Pro Max: $1,099/£1,049
Similar rumors about the price of the iPhone 14 have previously surfaced, with Korean tipster Lanzuk recently claiming that Apple will be raising the prices of the higher-end models from $999 to $1,099 (iPhone 14 Pro) and $1,099 to $1,199. (iPhone 14 Pro Max).
The replacement for the iPhone mini, a new 6.7-inch non-Pro “Max” model, is the subject of several speculations as well. The iPhone 14 Max will start at £100/$100 more than its smaller sister, which is anticipated to maintain the same $799 price tag, if Apple follows the same formula as the previous Pro Max phones. So anticipate a $899 price point for the iPhone 14 Max.
Faster processor
The iPhone 14 will have a new iteration of Apple’s A-series CPUs, much like every iPhone range that came before it. However, this time around, things will be a little bit different. As we’ve previously reported, it appears Apple only plans to provide the new A16 processor to the Pro and Pro Max versions, while the regular iPhone 14 will get a modified version of the A15 chip from the previous year.
This is said to be a new tactic being used to increase sales of the iPhone 14 Pro devices above the regular ones. The new silicone will undoubtedly be more sophisticated than the one used in the iPhone 14; as a result, the final price may need to account for an additional expense.
Higher-resolution camera
The primary camera is another feature that will set the Pro versions apart from the basic ones. According to a number of rumours, Apple will enhance the iPhone 14 Pro and Pro Max’s 48MP camera from its current 12MP minimum resolution. The primary camera’s boost in resolution should result in more photography possibilities and performance, even though the accompanying Ultra-wide and Telephoto lenses are anticipated to have their 12-megapixel sensors from before.
Higher entry level storage
Apple’s iPhone 13 models all come with 128GB of storage as standard, but the Pro versions may get 256GB this year. Apple’s high-end phones will start at 256GB this year, according to a Trendforce forecast, which is typically pretty accurate. The price increase would be covered by that alone because upgrading from 128GB to 256GB on Apple now costs $100.
iPhone price hike: Inflation and supply chain issues
The manufacture and transportation of goods are becoming more expensive due to spiraling inflation and the global energy crisis, and it appears that Apple may be passing some of these expenses straight onto the customer. Although consumer goods prices have been growing significantly over the past year, Apple has not raised the cost of any of its products in the United States or the United Kingdom.
Running the factories that make the parts, as well as the assembly and final distribution to retailers, also consumes a lot of energy. Fuel prices may have increased as a result of Russia’s invasion of Ukraine, which might be one of the main factors behind price increases for the iPhone 14 Pro and Pro Max. Additionally, the supply chain problems that have plagued Apple for the previous two years are still present.
iPhone price hike: Component shortages
The current global scarcity of CPUs and other components has also been a concern for manufacturers. While Apple does produce its own primary CPUs, other components of an iPhone, including the 5G capabilities, are produced by outside manufacturers. The manufacture of the parts, not to mention the collecting of the necessary raw materials, has decreased dramatically as Covid continues to ravage the majority of the earth. Companies may discover that costs for the parts are higher than usual as a result of the restrictions, with smaller supplies and increasing demand.
Make sure to bookmark our iPhone 14 roundup so you can remain up to date with the newest information. If the idea of an even more costly iPhone at a time when people are already experiencing financial difficulties prevents you from upgrading, it could be worth looking into the reconditioned market since there can be some excellent deals there. To check if the current models are available for a bit cheaper now that their successors are soon to arrive, you can also read our greatest iPhone bargains.
The source used in the creation of a news story: https://www.macworld.com
