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The next generation of iPhonewhich Apple will likely present over the next few months, could undergo a price increase at least as suggested by the analyst Ming-Chi Kuo, always attentive to the moves of the Cupertino giant.
Kuo estimates an average increase of around 15% on the iPhone 14 and iPhone 14 Pro lineup compared to last year’s iPhone 13 generation, and that Foxconn would be among the “winners” of this increase in the average selling price.
Kuo’s forecast is a sort of response to Foxconn’s statements which has revised its annual expectations upwards, going from an “approximately flat” to “growing” estimate: being Foxconn one of the main production partners of Apple, it is clear that it will benefit to some extent from the rise in iPhone price lists.
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Hon Hai / Foxconn is one of the winners of the increased ASP of iPhone 14 series. I estimated iPhone 14 series ASP would increase by about 15% (vs. iPhone 13 series ASP) to $ 1,000-1,050 (USD) due to two iPhone 14 Pro’s price hikes & higher shipment proportion. https://t.co/UgiW0kom4F郭明 錤 (Ming-Chi Kuo) (@mingchikuo) August 10, 2022
So how much can we expect the next generation iPhones will cost? Kuo in his tweet talks about a average selling price of $ 1000-1050 for the iPhone 14 “non-Pro” compared to the average selling prices of the iPhone 13 which currently stands on 930 dollars.
Let’s now do the math considering the dollar price list of the current iPhone 13 Pro which have a starting cost of $ 999 for the 6.1-inch version and $ 1099 for the 6.7-inch Max version: we can expect it, if Kuo’s estimate turned out to be correct, priced at $ 1149 and $ 1259 respectively for the iPhone 14 Pro and iPhone 14 Pro Max.
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