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

iPhone 15 and iOS 17: A Look at the New Features and Design

With USB Typ-C, Curved Front Glass, WiFi 6E and Titanium build, iPhone…

Iranian hackers target high-level profiles online

Social engineering operation from Iran poses a threat to researchers, journalists, and…

Leaked Benchmarks of Mobile RTX 40-series are unexpected

Geekbench 5 scores of RTX 4070, 4060, 4050, and AMD RX 7700S…

Major List of Intel Raptor Lake CPUs Leak on Chinese Website

Intel’s Raptor Lake CPU list leaked, revealing 14 CPUs with technical specs.