Apple may surprise fans of the iPhone 14 and iPhone 14 Pro; a well-informed analyst predicts significant price increases for the next flagship models.
Ming-Chi Kuo believes that Apple could raise the prices of its next generation phones by 15% over the iPhone 13 lineup. That would be a significant amount of money.
Considering the iPhone 13 Pro Max costs a minimum of £1,049, that amount would rise to around £1,200 if Apple increased prices by 15%. It will also likely add around £100 to the base iPhone 14 price compared to its £679 predecessor.
He wrote, “I estimate that the ASP for the iPhone 14 Series will increase by about 15% (compared to the iPhone 13 Series ASP) to $1,000-1,050 (USD) due to two iPhone 14 Pro price increases and an increase in shipment share. .
“Hong Hai [Foxconn] is the main EMS for the iPhone 14 series (with an order share of 60-70%), so its revenue will greatly benefit from the increase in ASP for the iPhone 14 series. Not surprisingly, Hon Hai raises its annual output to “growth” from about the same.”
The flip side of this is the prospect of some exciting new technologies in the iPhone 14 lineup to explain this price increase. We know phones will benefit from the new A16 chip, while Apple is also expected to introduce a hole-punch-and-pill camera design that can finally do without the largely unpopular notch, five years after it debuted. with iPhone X.
However, given the current cost-of-living crisis, any price increase for essential gadgets like the iPhone is sure to make some users think twice before upgrading their phone this year. Apple is expected to unveil the iPhone 14 and iPhone 14 Pro at an event in about a month, so we’ll know the exact price of the iPhone 14 soon. Be careful with us, Apple, and try not to pass on all these extra costs to us, huh?