New Apple Exclusive Reveals iPhone 14 Price Shock
Apple leaks have revealed that the iPhone 14 Pro models will receive multiple exclusive upgrades and higher pricing.
However, fresh reports have revealed that the standard iPhone 14 models will also receive a price bump, despite being virtually unchanged from their predecessors.
Speaking to The Sun, Dan Ives, Head of Popular Analyst Group Wedbush Securities maintains that supply chain prices are the driving force behind the increase.
“We believe a $100 price increase is coming for the iPhone 14,” explained Ives. “Prices have been increasing across the whole supply chain, and Cupertino needs to pass these costs to the consumer on this release.”
If this is accurate, the iPhone 14 lineup would breakdown as follows:
- iPhone 14 – $899 (iPhone 13 $799)
- iPhone 14 Max – $999 (iPhone 13 Mini $699)
- iPhone 14 Pro – $1099 (iPhone 13 Pro $999)
- iPhone 14 Pro Max – $1199 (iPhone 13 Pro Max $1099)
While the $100 would hurt, particularly for standard models, which will sport the same design, rear cameras and chipset as the iPhone 13, the big financial hit comes with the range’s entry point jumping from $699 to $899.
This near-30% increase results from Apple discontinuing the 5.4-inch iPhone 13 Mini in favour of a 6.7-inch iPhone 14 Max (also tipped to be called the ‘iPhone 14 Plus’), which pushes the iPhone 14 into the base model position.
Source: Forbes
