The iPhone 14 series has been rumored for quite some time now. The upcoming lineup could include four models – iPhone 14, iPhone 14 Pro, iPhone 14 Max and iPhone 14 Pro Max – and they are expected to go official in September this year. Now, a report suggests that the vanilla iPhone 14 will cost $100 (around Rs. 7,900) more than its predecessor – the iPhone 13. Apple’s entire supply chain is said to be witnessing price increases. The iPhone 14 is expected to have a 6.1-inch screen size and a 3,279mAh cell. The phone could be powered by Apple’s A15 Bionic chip.
According to a report from The Sun, the iPhone 14 will debut with higher prices than the previous iPhone 13 model. Wedbush analyst Dan Ives was quoted by the publication as saying “We believe that a $100 price increase is coming for the 14” iPhone. He added that prices had risen throughout the supply chain and that Apple could pass the costs on to consumers.
Rising production, component costs and exchange rates would suggest a price hike may be needed, said fellow analyst Ben Wood of CCS Insight. “But given the cost of living headwinds, Apple might decide that raising prices might be counterproductive,” he added.
Currently, iPhone 13 pricing starts at $799 (around Rs. 63,700) in the US for the base 128GB storage model. It was unveiled in India last year with a price tag of Rs. 79,900 rupees. 89,900 and rupees. 1,09,900 for 128GB, 256GB, and 512GB storage options, respectively. If the new report turns out to be true, the iPhone 14 could cost around Rs. 90,000 in India.
The iPhone 13 mini was the cheapest model in the previous series with a price starting at Rs. 69,900 for the base 128GB storage model. It costs, Rs. 79,900 and rupees. 99,900 for the 256GB and 512GB storage options, respectively.