As the iPhone 15 release approaches this fall, the device’s price will be a crucial factor for many potential buyers. While rumored features like USB-C connectivity, Dynamic Island, and a periscope-style telephoto lens are exciting, the cost of the new iPhones could make or break their appeal.
What we know about iPhone 15 prices
Early rumors suggest possible price increases for the iPhone 15 Pro or Pro Max models. However, it’s essential to remember that pricing predictions can be unreliable. For example, prior to the iPhone 14 launch, many expected price hikes that ultimately did not materialize in the US.
Though we won’t have definitive pricing information until Apple’s fall launch event, let’s explore the current speculation on iPhone 15 prices for those looking to plan their phone-buying budgets.
Current iPhone pricing
To understand potential changes in iPhone pricing this fall, it’s helpful to review the costs of the current lineup, starting with the four iPhone 14 models:
- iPhone 14: $799
- iPhone 14 Plus: $899
- iPhone 14 Pro: $999
- iPhone 14 Pro Max: $1,099
Older models, such as the iPhone 13 ($699) and iPhone SE 2022 ($429), are available at lower prices.
Possible price increases for iPhone 15
Rising costs of components could make it more challenging for Apple to maintain current pricing. For instance, one Twitter leaker suggests a 12% increase in iPhone 15 manufacturing costs, with a 20% increase for the iPhone 15 Pro. Apple must decide whether to absorb these costs or pass them on to consumers.
While there are no explicit rumors about price hikes for the iPhone 15 and iPhone 15 Plus, speculation about the iPhone 15 Pro models is more worrisome. Some sources predict a $100 increase for both the iPhone 15 Pro and iPhone 15 Pro Max, bringing their costs to $1,099 and $1,199, respectively.
Analyst Jeff Pu also anticipates a $100 price hike, attributing the increase to significant feature additions to the iPhone 15 Pro models, such as titanium frames, solid-state buttons, a faster A17 Bionic processor, and a new periscope telephoto lens for the iPhone 15 Pro Max.
iPhone 15 price outlook
In the coming months, more pricing rumors will likely emerge. For now, it’s reasonable to expect that the iPhone 15 Pro and iPhone 15 Pro Max may cost more than their predecessors, though we can still hope for a pleasant surprise during the fall launch event.
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