iPhone 14 – how expensive new Apple smartphones are compared to their predecessors
Despite the shrinking of the global smartphone market against the backdrop of the economic crisis, Apple demonstrates stability and confidently continues to increase the volume of iPhone sales — last quarter, the company even demonstrated the best result in the last 10 years. At the same time, Apple’s profits fell by 11%, so it seems that price increases are inevitable. Authoritative analyst Ming-Chi Kuo reports that the upcoming iPhone 14 line will significantly increase in price compared to the iPhone 13.
The analyst believes that the average selling price (ASP) of the entire iPhone 14 line could increase by 15% compared to the current iPhone 13 series. Prices for the base iPhone 13 model in the US start at $799 for the version with 128 GB of storage, while the Pro and The Pro Max raises the minimum price bar to $999 and $1,099, respectively. And while Kuo doesn’t provide exact projected pricing values for each individual model, he believes that the ASP of the iPhone 14 lineup (including the Pro models) could range from $1,000 to $1,050. The analyst blames the increase in ASP on the potentially more expensive iPhone Pro and Pro Max, as well as an increase in their share of total sales.
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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
In June, Wedbush Securities analyst Dave Ives told The Sun that he expects the iPhone 14 to increase in price by $100 over the iPhone 13 due to inflation hitting the global supply chain. At the same time, Korean insider Lanzuk reports that Apple will raise prices only on the Pro model, while the basic iPhone 14 will not increase in price relative to the iPhone 13.
The launch of the iPhone 14 of four models is traditionally expected in the fall, along with a number of other novelties. According to preliminary reports, the basic iPhone 14 will get an improved 48-megapixel main camera and selfie camera with autofocus, and the main focus of this year’s update is on the iPhone 14 Pro and Pro Max – in the older models, Apple is rumored to abandon the rectangular cutout that called ‘bangs’ and ‘monobrow’, in favor of a new design with two holes of different shapes. Also, iPhone 14 Pro and Pro Max will be distinguished by a new processor — A16 — and support for the Always-on Display function.
