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Apple to Hike iPhone 18 Pro Prices Amid Rising Costs and Service Shift

Apple is reportedly planning to increase the price of its upcoming iPhone 18 Pro models due to rising manufacturing costs, particularly for memory and storage. Analysts predict a price hike of $100 to $200, with Apple CEO Tim Cook citing inflationary pressures. The company aims to protect its profit margins by leveraging in-house chip designs and introducing new tiers like the foldable iPhone Ultra, while also shifting focus towards recurring revenue from services like Apple Intelligence. AI

IMPACT Potential for AI features to drive service revenue and influence hardware pricing strategies.

RANK_REASON Article discusses pricing strategy and supply chain impacts for a consumer electronics product, not a core AI release or research.

Read on Forbes — Innovation →

AI-generated summary · Google Gemini · from 1 sources. How we write summaries →

Apple to Hike iPhone 18 Pro Prices Amid Rising Costs and Service Shift

COVERAGE [1]

  1. Forbes — Innovation TIER_1 English(EN) · Ewan Spence, Senior Contributor ·

    iPhone 18 Pro Price: The Subscription Shift Protecting Apple’s Margins

    Apple's new iPhone 18 Pro faces rising costs and an unwelcome price rise. How is Apple re-organising its software and services to preserve iPhone margins?