Apple Raises Prices on Existing iPhone Models by $100
· Technology · TechCrunch, Telegraph India, timesofindia.indiatimes
Apple has increased prices for its existing iPhone models by $100 on its online store alongside the unveiling of the iPhone 18 and iPhone Duo. The price adjustments affect starting prices globally, including the iPhone 16 at $799, the iPhone 17e at $699, the iPhone 17 at $899, and the iPhone Air at $1,099. In international markets such as India, prices have risen by approximately 20.5%. Simultaneously, Apple discontinued the iPhone 17 Pro and iPhone 17 Pro Max models. The price hikes stem from rising component costs driven by a global shortage of memory and storage chips used by AI companies and cloud providers.
Why it matters
Higher baseline device prices increase equipment costs for consumers worldwide and reflect supply chain pressures driven by heavy AI infrastructure demand.
Read the original report — TechCrunch
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