kuo says iphone 14 pro price will be more expensive

We’re about a month away from the iPhone 14 launch event, with preorders to follow on the Friday after the press conference. If you’re already thinking about scoring one of the Pro or non-Pro versions of the iPhone 14, you should expect price increases. We’ve already seen a few reports about the imminent price hike for the iPhone 14 series. Now, top Apple insider Ming-Chi Kuo has chimed in.

The respected insider offers plenty of accurate information about unreleased Apple devices. Kuo now claims that the average selling price (ASP) of the iPhone 14 series will go up by about 15%. That doesn’t mean each iPhone 14 model will be more expensive than its predecessor in the iPhone 13 series, however.

iPhone 14 price will still be $799

Most iPhone 14 price rumors that we saw so far this year said that the iPhone 14 price will go up. But they also said the price will start at $799 for the basic 6.1-inch iPhone 14 model.

Both of these things can be true, and we’ve already explained why the $799 iPhone 14 will be an incredible offer. It’ll be a much better bargain than you could get in recent years.

What’s important to remember is that rumors say that the 6.1-inch iPhone 14 Pro and 6.7-inch iPhone 14 Pro Max will cost $100 more than their predecessors. That means we’d be looking at $1,099 and $1,199 starting prices for the Pro variants.

kuo says iphone 14 pro price will be more expensive

An iPhone 13 Pro on a table next to Apple AirPods. Image source: Christian de Looper for BGR

Meanwhile, the 6.7-inch iPhone 14 Plus/Max should cost $899, or $100 more than the iPhone 14. But that’s still $200 more than the $699 iPhone 13 mini it replaces.

Put differently, the iPhone 14 series might start at $799 instead of $699 because there won’t be an iPhone 14 mini. But the main iPhone 14 will still cost $799, just like the iPhone 13.

With all that in mind, Apple can have its cake and eat it too. It can say it’s keeping the price of the iPhone 14 at $799. But it’s also raising the ASP for the iPhone 14 series.

iPhone 14 Pro price vs. iPhone 13 Pro price

The iPhone 14, starting at $799, would still be a significant feat for Apple in this economy. High inflation drove up prices across the board in the past few years, yet Apple kept the iPhone 12 prices in place for the iPhone 13. The same thing can’t happen for another year.

Apple still wants to maintain its profit margin while selling hundreds of millions of iPhone 14 units that cost more to make and ship. Some of those costs will be passed on to consumers. However, if these reports are accurate, Apple will only charge more for the iPhone 14 Pro units. And Apple will offer Pro buyers various features that are unavailable in the cheaper models.

kuo says iphone 14 pro price will be more expensive

iPhone 14 Pro 3D renders: New notch design and rear camera. Image source: Technizo Concept and LetsGoDigital

Ming-Chi Kuo did not provide actual price points for the four iPhone 14 models. He only referred to the iPhone 14 ASP in connection to Foxconn’s recent earnings report.

He said that Foxconn is one of the primary beneficiaries of the increased iPhone 14 average selling price. The company is set to assemble 60-70% of all iPhone 14 orders.

(2/2)Hon Hai is the major EMS for iPhone 14 series (with a 60-70% order proportion), so its revenue will markedly benefit from an increased iPhone 14 series ASP. No wonder Hon Hai raises full-year performance to “growing” from “roughly flat.”

— 郭明錤 (Ming-Chi Kuo) (@mingchikuo) August 10, 2022

Kuo said that the ASP of the iPhone 13 is $1,000 to $1,050. And he expects the ASP of the iPhone 14 to grow by about 15%. That would mean the new iPhone’s average selling price would fall between $1,150 and $1,210. The price hikes coming to iPhone 14 Pro models and the higher shipment proportions will fuel this ASP climb. So will the new iPhone 14 Max that replaces the iPhone 13 mini.

These are just estimates, however. Kuo might be correct most of the time, but we still have to wait for Apple’s iPhone 14 launch event to find out the official pricing structure.


More iPhone coverage: For more iPhone news, visit our iPhone 14 guide.

TECH NEWS RELATED

iPhone 15 Will Come With USB C Interface To Meet EU Standards

Apple has been doing business for a long time. But many software developers and hardware manufacturers like Apple because the Cupertino-based company allows them to earn as well. We mean tons of manufacturers make various accessories for Apple products. And we even do not talk about the software developers. Due ...

View more: iPhone 15 Will Come With USB C Interface To Meet EU Standards

New EU Directive Will Require USB-C iPhones by 2024

This site may earn affiliate commissions from the links on this page. Terms of use. Maybe you want to think again about picking up the new iPhone 14 — the European Parliament today voted to require USB-C as the “common port” for consumer electronics. That means if Apple wants to ...

View more: New EU Directive Will Require USB-C iPhones by 2024

Selection of the best cheap refurbished iPhones to buy in 2022

Do you want an inexpensive iPhone but can’t afford the high cost of a new model? Why not choose a reconditioned iPhone? The most intriguing current refurbished iPhone models have been hand-picked by us for you. When it comes to used smartphones, Apple is the one company that stands out. ...

View more: Selection of the best cheap refurbished iPhones to buy in 2022

EU Pushes Apple to Ditch Lightning for USB-C on iPhone and iPad

A new European Parliament law states all devices must have USB-C by 2024, meaning Apple will need to comply and remove the Lightning port.

View more: EU Pushes Apple to Ditch Lightning for USB-C on iPhone and iPad

Flipkart Reportedly Delivers iPhone 14 to Customer Who Ordered iPhone 13 During Big Billion Days Sale

The Apple iPhone 13 was available for under Rs 50,000 during the Flipkart Big Billion Days sale.

View more: Flipkart Reportedly Delivers iPhone 14 to Customer Who Ordered iPhone 13 During Big Billion Days Sale

iPhone 14 cheapest in Japan among 37 countries: survey

The iPhone 14 launched by Apple Inc in September was cheaper in Japan than 36 other major countries and regions in the world, a survey showed Wednesday. Tokyo-based research firm MM Research Institute Ltd surveyed Apple’s online stores around the world and compared prices, including tax, in yen terms ...

View more: iPhone 14 cheapest in Japan among 37 countries: survey

Here’s why an iPhone 15 price hike might be inevitable

One of the most remarkable things about the iPhone 14 series is the price. Despite rumors claiming the iPhone 14 Pro models will be more expensive than their predecessors, Apple kept the iPhone 13 price structure in place for another year. The iPhone 15 price might be another story, ...

View more: Here’s why an iPhone 15 price hike might be inevitable

Apple Finally Accepts TSMC Chip Price Increase – Will it be for iPhone 15?

Apple has finally accepted TSMC chip price increase, a report from Apple Insider (via Economic Daily News) claimed. Last week, it was reported that giant chipmaker TSMC informed Apple that it would implement a price hike for the company’s chip production in 2023. According to reports, Apple refused to accept ...

View more: Apple Finally Accepts TSMC Chip Price Increase – Will it be for iPhone 15?

5 Things to Know About the iPhone 14 Plus

I regret buying my iPhone 14 Pro for 3 big reasons

iOS 16.1 Beta: Apple Tweaks Dynamic Island's Design on iPhone 14 Pro in Dark Mode

5 Ways: Reset Voicemail Password On Android and iPhone

iPhone SE vs. iPhone 12 Buyer's Guide: How Some of Apple's Cheapest iPhones Compare

After iPhones, Apple to shift production of AirPods, Beats headphone to India

5 rumored iPhone 15 Ultra upgrades primed to make it an instabuy

iPhone 13 at Roughly Rs 57,000 is a Decent Deal on Flipkart That You Can Consider

Future iPhones will have USB-C ports as EU votes overwhelming in favour of standardising ports

Apple Accepts TSMC Chip Price Hike for iPhone 15: Report

New EU Law Will Mandate All Phones Include a USB-C Port – Including iPhones [Update]

How to Make Your iPhone Keyboard Vibrate Whenever You Type

OTHER TECH NEWS

Top Car News Car News