Apple’s next iPhone might be more expensive

Photo by Vjeran Pavic / The Verge

According to an Apple analyst, the upcoming iPhone could be more expensive than the previous one. When compared to the iPhone 13 lineup, the average selling price may increase by 15%.

The standard model of the phone starts at $799 with carrier discounts, while the Pro and Pro Max models go up to $1,000 and $1,099, respectively. The average selling price of the iPhone 14 lineup is thought to be between $1,000 and $1,050. The higher shipment proportion is blamed for the increase in the average selling price of the Apple products.

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Hon Hai/Foxconn is one of the winners of the increased ASP of iPhone 14 series. I estimated iPhone 14 series ASP would increase by about 15% (vs. iPhone 13 series ASP) to $1,000-1,050 (USD) due to two iPhone 14 Pro's price hikes & higher shipment proportion. https://t.co/UgiW0kom4F

— 郭明錤 (Ming-Chi Kuo) (@mingchikuo) August 10, 2022

According to The Sun, an analyst from Wedbush Securities said in June that he expects the price of the Apple product to go up. According to a rumor from Korean leaker Lanzuk, the price of the Pro models will not be the same as the base model.

While the base iPhone 14 is expected to come with an improved 48-megapixel rear-facing camera and a selfie camera with autofocus, the iPhone 14 Pro and Pro Max models are rumored to get the bulk of the upgraded features. The Pro and Pro Max may ditch the notch that houses the front-facing camera in favor of a pill-shaped hole- punch cutout, come equipped with the new A16 chip, and support an always-on display.