Apple may significantly raise the price of the iPhone 14

Apple

Apple may significantly raise the price of the iPhone 14.

With the price hikes of everything from fuel to groceries, no one would be surprised if Apple raises the price of the new 2022 iPhones.

According to an analyst, the iPhone 14 range will be more expensive than the iPhone 13.

According to some information, only the iPhone 14 Pro and iPhone 14 Pro Max will be powered by the new A16 Bionic chip.

Reports indicate that chipmaking has become a costly business, and some Apple suppliers are planning to pass that cost on to the Cupertino giant.

According to a previous report, this could be the reason why Apple has “reserved” the new chip for the Pro models, as this way the company can afford the price increase without making a big price increase for their customers.

While some new information says that potential buyers of the iPhone 14 should prepare for a price increase anyway.

Dan Ives of Wedbush Securities said that “a $100 price increase will be made on the iPhone 14”.

Speaking of the industry’s woes, Ives said prices in Apple’s supply chain have risen, and those costs could be passed on to their customers.