The anticipation for Apple’s next generation of gadgets is at an all-time high, so it’s no surprise that the rumor mill is spinning at breakneck speed. Max Weinbach, a popular leaker and regular long-form 9to5mac contributor, recently predicted an Apple event on September 6, followed by the official sale of the iPhone 14 on September 16. It’s unclear whether these claims have merit, but Weinbach has a solid track record, with AppleTrack revealing that 69% of his claims have proven to be true.
Granted, the iPhone 14 is expected to be a hot commodity in Q4 2022, and while none of its anticipated features have been officially confirmed by Apple, there’s plenty of reason to expect four different versions: the 6.1-inch iPhone 14 and iPhone 14 Pro, as well as the larger iPhone 14 Max and iPhone 14 Pro Max. These forecasts date all the way back to late 2021. According to industry analyst and iPhone clairvoyant Ming-Chi Kuo, the iPhone 14 and its variants may be accompanied by a next-generation version of the iPhone SE. Kuo’s other recent predictions include Apple’s highly anticipated A16 chip being reserved exclusively for the iPhone 14 Pro and iPhone 14.
Expect a 15% average price increase on the iPhone 14, says this analyst
Ming-Chi Kuo recently made another prediction that may disappoint those looking forward to the next iPhone. In response to Foxconn’s quarterly revenue projection, the analyst tweeted, “Hon Hai/Foxconn is one of the winners of the iPhone 14 series’ increased ASP. I estimated that the iPhone 14 series ASP would rise by about 15% (compared to the iPhone 13 series ASP) to $1,000-1,050 (USD) as a result of two price increases and a higher shipment proportion.”
“ASP” stands for average selling price, and Kuo anticipates that the base iPhone 14 models will cost between $1,000 and $1,050, putting it closer to the price range of the existing iPhone 13 Pro and iPhone 13 Pro Max models. In comparison, most retailers charge between $699 and $999 for the standard iPhone 13. In a subsequent tweet, Kuo explained the link between Foxconn and a possible price increase for the iPhone 14: “Because Hon Hai is the primary EMS for the iPhone 14 series (with a 60-70% order proportion), its revenue will benefit significantly from an increased iPhone 14 series ASP.”
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Given the global demand for electronics components caused by the ongoing semiconductor supply shortage, a higher shipment proportion for phones containing the allegedly expensive A16 chips could raise manufacturing costs. This means that the average price of the iPhone 14 could be higher rather than lower, contradicting one of Ming-Chi Kuo’s previous predictions (for a lower ASP) from as recently as September 2021.