Analysts believe an iPhone 14 price hike is possible, but it's not clear if it's worth the risk for Apple in the current economic climate.
. This will eliminate the cheapest flagship model, and between inflation and seemingly unending supply chain issues, it’s hard to imagine Apple lowering the price of the iPhone 14 to account for the missing iPhone mini. Therefore, Apple fans should prepare for an iPhone 14 price hike.spoke to Wedbush Securities research analyst Dan Ives.
We believe a $100 price increase is coming for the iPhone 14. Prices have been increasing across the whole supply chain, and Cupertino needs to pass these costs to the consumer on this release.Apple will have some tough decisions to make on pricing on iPhone 14. There is no question that production and component costs continue to rise for all consumer electronics makers, and in the case of the UK, exchange rates are a factor too. These elements would suggest a price rise may be necessary.
Wood’s point is well taken. Apple attempting to squeeze as much profit as possible out of a new iPhone series might backfire if no one can afford to buy it.iPhone 14 Pro render: Apple’s new display design. Image source:
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