iPhone 14 Pro renders. (Source: LetsGoDigital)

Statements from one of Apple’s Electronic Manufacturing Service (EMS) providers indicates a jump in iPhone prices

Famous leaker Ming-chi Kuo suggests that the average selling price (ASP) of the iPhone 14 could possibly increase by 15% compared to the iPhone 13.  According to him, the two main factors in this increase are the iPhone 14 price-hikes and higher shipment costs.

For comparison, the standard iPhone 13 model costs $799 (after carrier discounts), while the Pro and Pro Max models cost $999 and $1,099, respectively. He believes the Average Selling price (ASP) of the iPhone 14 lineup (including Pro models) will be around $1,000 to $1,050.

Kuo deduced this from a statement made by one of Apple’s main EMS providers – Foxconn. Their financial reports indicate major improvements which are likely the consequence of the manufacturing services provided to Apple – implying a potential increase in prices for the phone.

He further suggested that Foxconn is one of the winners of Apple’s increased ASP. Foxconn has an estimated 60-70% proportion as an EMS provider to Apple, which means that it will undoubtedly benefit from an increased iPhone 14 ASP. 

You May Also Like

Pixel 7 & Pixel 7 Pro Entire Spec Sheet Leaked

New leaks online confirmed previous rumors about future Google smartphones Google’s next-generation…

T-Mobile Data Leak: 37 Million Customer Records Exposed

T-Mobile hack leaks 37 million customers’ data, discovered months after the initial…

GitHub Introduces Secret Scanning to Prevent Leaks and Security Breaches

The newly added feature will scan your code and notify you if…

The next iPhone SE may come with a Modern Design

Apple is yet to decide on the display size and technology for the budget iPhone