Cupertino-based tech giant Apple is gearing up for the launch of its premium smartphone lineup, the iPhone 14 series. As if the ongoing fight between China and Taiwan didn’t add to fans’ woes from Apple, a new report seems to hint at a likely price increase for the iPhone 14 Pro models.
The tech company is reportedly planning to increase the prices of the iPhone Pro models. The development came to light after Apple analyst Ming-Chi Kuo took to his Twitter account to make the claim. In his tweet, he mentioned that the average selling price (ASP) of the iPhone 14 series will increase by 15% from $1,000 to $1,050 due to a higher shipping ratio.
(1/2) Hon Hai/Foxconn is one of the winners of the iPhone 14 series increased ASP. I loved the iPhone 14 series… https://t.co/cNnYzArl6o
— 郭明錤 (Ming-Chi Kuo) (@mingchikuo) 1660144454000Kuo has not revealed the exact price of the iPhone 14 Pro models. Currently in the US, the iPhone 13 Pro starts at $999 and the iPhone 13 Pro Max at $1,099. According to MacRumors, if there was a 10% price increase, the iPhone 14 Pro could start at $1,099 and the iPhone Pro Max at $1,199. While these reports are largely speculation, there has been no official confirmation from Apple. Although no official release date has been announced, the iPhone 14 series is rumored to launch on September 6. The different features of the iPhone 14 line include a powerful A16 Bionic chip, 48MP rear camera lens, support for 8K video recording. , and most importantly, the pill-shaped cut and hole in place of the notch. These features are based on leaks and rumors.