iPhone 14 Pro $100 price hike now looks 'likely'

iPhone 14 Pro renders
(Image credit: Madmix)

Update: We may not see a price increase for the iPhone 14 after all, says this latest rumor.

With multiple rumors proclaiming that Apple’s upcoming iPhone 14 Pro is due for a price hike this year, it seems like we better count on paying more for Apple's higher-end models. And you can now add another voice to the mix of sources warning about more expensive iPhone Pro models.

Dan Ives, an analyst from Wedbush Securities, is forecasting that the iPhone 14 Pro models will "likely" see a $100 price increase, compared to iPhone 13 Pro models. That would mean a starting price of $1,099 for the iPhone 14 Pro and and an $1,199 iPhone 14 Pro Max. 

Kuo also suggested that Apple could offset the price hike by increasing the base storage of the iPhone 14 Pro. That would mean the phone might start at 256GB, doubling the 128GB capacity of the iPhone 13 Pro base model. Ives didn't say anything about storage boosts in his price forecast, though.

While the iPhone 14 is tipped to start at the same $799 price as the iPhone 13, you still might see a higher starting price on Apple's non-Pro models. That's because the Phone 13 mini, which starts at $699, is likely to give way to the iPhone 14 Max, and most people expect that larger model to start at $100 more than the standard iPhone.

Despite the higher costs on some models, early reports indicate that Apple seems bullish about its iPhone demand this year. It's reportedly ordered 90 million iPhone 14 units for the launch. 

While consumers may need to budget for a more expensive iPhone 14 Pro, hopefully that means enough new features to make the price hike more palatable. We could find out soon, as a new report claims that the iPhone 14 event will take place on September 7

Next: Apple warns of major hacking threat — update your iPhone, iPad or Mac now

TOPICS
Sanjana Prakash
News Editor

Sanjana loves all things tech. From the latest phones, to quirky gadgets and the best deals, she's in sync with it all. Based in Atlanta, she is the news editor at Tom's Guide. Previously, she produced India's top technology show for NDTV and has been a tech news reporter on TV. Outside work, you can find her on a tennis court or sipping her favorite latte in instagrammable coffee shops in the city. Her work has appeared on NDTV Gadgets 360 and CNBC.