A new report from an analyst has suggested that the upcoming Apple iPhone 14 series might be the most expensive iPhone lineup ever. Apparently, the company’s iPhone 14 will be over 100 US Dollars more expensive than the iPhone 13 series.
Recently, we reported on the Cupertino based giant’s latest iPhones will see a price hike over its predecessor. And now, it seems like we have a better idea as to how high the prices may rise. For those unaware, the iPhone 13 lineup started from 699 US Dollars for the 5.4 inch iPhone 13 mini. Meanwhile, the base iPhone 13 started from 799 US Dollars. The iPhone 13 Pro and Pro Max had a price tag of 999 and 1,099 US Dollars.
Dan Ives from Wedbush Securities told The Sun that “a $100 price increase is coming for the iPhone 14.” If this information is true, there are likely many reasons for the possible price hike. This includes rising raw materials, supply constraints, and other economic reasons as well. Since the iPhone mini is being discontinued for the iPhone 14 Max, the iPhone 14 series may start from 899 US Dollars for the base iPhone 14.
As of right now, it is unclear if this price hike is confirmed or not, and it’s still possible that Apple may have different plans. CCS Insight’s Ben Wood claims that the increasing production and component costs may likely be the reason behind a rise in the price tag but the brand might not hike costs by such a margin due to the cost of living. The news is still unconfirmed so take this report with a pinch of salt and stay tuned for more updates.
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