iPhone 14 to be a staggering $100 more expensive, says analyst
At least one analyst believes that Apple’s iPhone 14 could be $ 100 more expensive than its predecessor.
A report from The Sun cites Wedbush analyst Dan Ives, who believes Apple’s best iPhone, the iPhone 14, could be $ 100 more expensive than the iPhone 13:
We spoke with tech industry expert Dan Ives, who warned of a big price hike.
“We believe there will be a $ 100 price increase for the iPhone 14,” Wedbush Securities’ Dan told The Sun.
Ives told The Sun that prices “have been rising across the supply chain” and that Apple “has to pass these costs on to the consumer in this release.” Another insider, Ben Wood, said a price increase is possible but not guaranteed, and claimed Apple had some “difficult decisions to make.” He also noted that global exchange rates are a factor. In fact, Apple has recently increased the price of its iPhone and some iPads in Japan by more than 20% to cope with global economic pressures. Wood did give some hope, stating that Apple might decide that it may be counterproductive to increase costs with headwinds that affect consumers and possibly hurt sales.
Apple currently sells the iPhone 13 and iPhone 13 Pro. the cheapest model which is $ 699 for the iPhone 13 mini. However, Apple is expected to get rid of the iPhone ‘mini’ in favor of a new Max model. This would make the 6.1-inch iPhone 14 the entry-level model of the line. Currently, that’s $ 799, but Ives ’predicted price increase means the cheaper iPhone 14 could cost $ 899.
An increase similar to the Pro would mean a minimum price of $ 1,099, or $ 1,199 for the Pro Max.
Other updates that are expected to arrive on the iPhone 14 Pro include a 48 MP camera and an always-on screen. With money tightening than ever for many, people may choose not to upgrade this year. If you need a new iPhone, these iPhone Prime Day deals can be a much better option.
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