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Kuo: iPhone 14 Pro and iPhone 14 Pro Max to get more expensive

Added 08-10-22 11:31:01am EST - “iPhone 14 Pro and iPhone 14 Pro Max will likely get more expensive, according to Apple analyst Ming-Chi Kuo. While previous reports said the base model will remain at the same price point, it doesn't seem the same will apply to the…” - 9to5mac.com

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Posted By TheNewsCommenter: From 9to5mac.com: “Kuo: iPhone 14 Pro and iPhone 14 Pro Max to get more expensive”. Below is an excerpt from the article.

iPhone 14 Pro and iPhone 14 Pro Max will likely get more expensive, according to Apple analyst Ming-Chi Kuo. While previous reports said the base model will remain at the same price point, it doesn’t seem the same will apply to the Pro iPhones.

In a Twitter thread, Ming-Chi Kuo was talking about the fact that Foxconn is one of the winners of the increased average selling price of the iPhone 14 series. He writes.

I estimated iPOhone 14 series ASP would increase by about 15% (vs. iPhone 13 series ASP) to $1,000-1,050 (USD) due to two iPhone 14 Pro’s price hikes & higher shipment proportion.

Hon Hai [Foxconn] is the amjor EMS for iPhone 14 series (with a 60-70% order proportion), so its revenue will markedly benefit from an increased iPhone 14 series ASP. No wonder Hon Hai raises full-year performance to “growing” from roughly flat.”

With this report, Kuo mentions that the two iPhone 14 Pro models will have price hikes alongside higher shipment proportions.

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