Apple’s iPhone 15 Pro set to break the bank with latest price hike
If this prediction pans out true and you plan to upgrade to the iPhone 15 Pro or Pro Max, you should start saving up now.
Hold onto your wallets, folks.
Apple’s upcoming iPhone 15 Pro and iPhone 15 Pro Max models are expected to come with a steeper price tag than previous models, according to Jeff Pu, a notable tech analyst at Haitong International Securities.
In a recent research note, Pu stated that the price hike is due to several hardware upgrades.
While this isn’t the first time that rumors of a price increase for the iPhone 15 Pro models have circulated, the current predictions come with a little more weight than before.
This could be the first price hike since 2017
This is especially true considering that the Pro model has started at $999 in the U.S. since the iPhone X was released in 2017, while the Pro Max started at $1,099 since the iPhone XS Max launched the following year.
Inflation rates in the U.S. have been above average, which could potentially push Apple to raise prices for the Pro models stateside as well.
Eventually, prices have to go up
While Apple has managed to maintain unchanged starting prices for six straight generations of Pro models, they may have no choice but to increase prices eventually to maintain their profit margins.
iPhone 15: What we know
The iPhone 15 series is expected to be announced in September, per Apple’s usual launch schedule.
So if you plan to upgrade to the iPhone 15 Pro or Pro Max models, you should start saving up now. For now, We’ll have to wait and see if the rumored price increase is a reality.
- iOS 17 leak reveals new details about the iPhone 15
- The iPhone 15 Pro Max could get USB 3.2 – here’s why that matters
- The iPhone turns 15: A look at the device’s past, present, and future
- Don’t expect Touch ID on the iPhone 15
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