According to Apple rumours, the iPhone 14 Pro variants would cost more and receive a number of exclusive enhancements.
However, a recent source asserts that even though the regular iPhone 14 models are essentially unaltered from their predecessors, they will also see a price increase.
Dan Ives, the leader of well-known analyst firm Wedbush Securities, explained the rise in supply chain prices to The Sun.
We anticipate a $100 price rise for the iPhone 14," Ives said.
Since expenses have been rising throughout the entire supply chain, Cupertino must pass these costs forward to the customer with this update.
Even if the regular models, which will have the same design, rear cameras, and CPU as the iPhone 13, would suffer from the $100 price increase.
The significant loss in revenue results from the range's entry price increasing from $699 to $899.
Due to Apple's decision to drop the 5.4-inch iPhone 13 Mini in favor of a 6.7-inch iPhone 14 Max, which elevates the iPhone 14 to base model status, there has been an almost 30% rise in price.