Apple introduced the iPhone 15 series at an event in September. Following the introduction, the phones were offered for sale worldwide. Currently, iPhone 16 is on the agenda more than iPhone 15. According to MacRumors’ content based on Nikkei Asia’s news, the record-high production costs of the iPhone 15 may increase the prices of the iPhone 16.
iPHONE 16 PRICES MAY INCREASE
According to the news, the production costs of the iPhone 15 are significantly higher than those of the iPhone 14 models, indicating record-high component prices that Apple can pass on to its customers in 2024.
“RECORD LEVEL”
The cost of the iPhone 15 Pro Max is calculated as $ 558, an increase of 12% compared to the iPhone 14 Pro Max model released in 2022. This is described as a record high for the total cost of components of an iPhone.
The news states that from 2018 to 2021, the total part cost for Apple’s iPhone “Pro Max” models ranged between 400 and 450 dollars, while component costs increased by approximately 20% in 2022, reaching today’s record level of 558 dollars.
The cost of the telephoto camera of the iPhone 15 Pro Max is $ 30, an increase of 380% compared to the previous model, the cost of the titanium frame is $ 50, an increase of 43% compared to the stainless steel frame of previous devices, and the cost of the A17 Pro chip is 27% compared to the A16 Bionic chip. It is reported that it has increased to 130 dollars.
According to the news in question, cost increases are also seen in other models in the iPhone 15 series. Components for the standard iPhone 15 cost $423, a 16% increase compared to the iPhone 14. While the calculation for the iPhone 15 Plus is 442 dollars, an increase of 10% compared to the previous model, the calculation for the iPhone 15 Pro is 523 dollars, an increase of 8%.
As we said before, despite increasing costs, Apple did not increase the prices of any iPhone models this year. The only notable change was the discontinuation of the 128GB Pro Max model. So users who normally buy the 128GB Pro Max model now have to pay $100 more to get the device.
Tokyo-based research firm Fomalhaut Techno Solutions thinks Apple’s profitability will soon take a hit if it continues to absorb the impact of rising production costs.
That’s why it is said that Apple may choose to increase iPhone prices with the launch of next year’s iPhone 16 series.