Here's why Apple's new iPhones are expected to be more expensive

Apple's newest iPhones are rumored to have come with a bunch of changes visual and internal changes, along with a decent price increase.

1 minute & 27 seconds read time

Apple is rumored to raise the process for this year's coming iPhones, and here's why we can expect a price increase for at least the iPhone 15 Pro and iPhone 15 Pro Max.

iPhone 14 and iPhone 14 Pro

iPhone 14 and iPhone 14 Pro

MacRumors has revealed that Apple plans to increase the internal memory of the iPhone 15 Pro and iPhone 15 Pro Max. These internal storage increases are expected to lead to price hikes as the storage for the Pro models is likely to start at a minimum of 256GB compared to the current 128GB present in the iPhone 14 Pro models.

If the rumors from Bloomberg reporter Mark Gurman and tech analyst Jeff Pu are true, Apple is preparing to release four available storage tiers starting at 256GB, 512GB, 1TB, and 2TB. If these rumors have any validity, then the rumors surrounding the price hikes will also be true, with reports indicating that the iPhone 15 Pro could be priced at $1,099, up from the $999 starting price of the iPhone 14 Pro. As for the iPhone 15 Pro Max, rumors suggest that Apple's highest model phone will start at $1,199.

It should be noted that similar rumors circulated before the launch of Apple's iPhone 14 Pro models, with reports surfacing about Apple releasing a 2TB version of the iPhone 14 Pro. However, that never came to fruition.

So when can we learn about official confirmation about this year's iPhones? According to reports, apple's annual iPhone event is expected to be held on Tuesday, September 12th, or Wednesday, September 13th.

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* Prices last scanned on 9/29/2023 at 3:28 am CDT - prices may not be accurate, click links above for the latest price. We may earn an affiliate commission.

Jak joined the TweakTown team in 2017 and has since reviewed 100s of new tech products and kept us informed daily on the latest science, space, and artificial intelligence news. Jak's love for science, space, and technology, and, more specifically, PC gaming, began at 10 years old. It was the day his dad showed him how to play Age of Empires on an old Compaq PC. Ever since that day, Jak fell in love with games and the progression of the technology industry in all its forms. Instead of typical FPS, Jak holds a very special spot in his heart for RTS games.

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