YOUR next iPhone could cost $100/£100 more than last year’s model.
So say pundits who told The Sun price hikes are on the way this year.
But they could be a lot more expensive than last year’s lot.
We spoke to tech industry expert Dan Ives, who warned of a big price hike.
“We believe the iPhone 14 is going to have a $100 price increase,” said Dan of Wedbush Securities The sun.
“Prices have increased throughout the supply chain and Cupertino must pass those costs on to consumers in this release.”
Part of the problem is that Apple faces high costs in manufacturing the iPhone.
So the prices we are currently used to may not last much longer.
Industry insider Ben Wood told The Sun that a price hike is a possibility – although Apple could ultimately choose not to.
“Apple will have to make some tough decisions about pricing the iPhone 14,” said Ben of CCS Insight.
“There is no question that production and component costs continue to rise for all consumer electronics manufacturers and, in the case of the UK, exchange rates also play a role.
“These elements suggest that a price increase may be needed.
“But given cost-of-living headwinds, Apple may decide that rising prices could be counterproductive.”
What is difficult is that it is unclear how Apple’s new models have developed.
Although the iPhone 13 cost $799/£779 this year, it wasn’t the “entry-level” option.
Instead, there was an iPhone 13 Mini that was $100 cheaper.
But for 2022, Apple is expected to ditch the iPhone Mini and have an iPhone 14 and iPhone 14 Max instead.
This would be in addition to an even more expensive iPhone 14 Pro and iPhone 14 Pro Max.
So it’s possible that without the Mini, the iPhone line would simply start at $799/£779.
That would be a price increase for the iPhone range, but not for the iPhone 14 itself.
Fortunately, Apple still offers a very affordable alternative: the iPhone SE.
A new version for 2022 was recently released, available on the Apple Store from $429/£419.
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https://www.thesun.ie/tech/9072678/iphone-14-price-prediction-leak-how-much-cost-apple/ Warning of a HUGE iPhone 14 price hike as insiders predict the cost of the new Apple model