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IPhone Price Hike: Will iPhones Soon Cost Over $2000?

by Rachel Kim – Technology Editor

Apple iPhones: Maintaining Affordability… For Now

Apple’s 2017 iPhone X⁢ marked a turning point, ushering in a new era of premium smartphones priced⁣ over $1,000.⁢ Surprisingly,despite eight years of⁣ inflation and technological advancements,iPhone pricing has remained relatively ‌stable. The iPhone 17 Pro now starts at⁤ $1099 – just a $100 increase – while the base iPhone model ⁤holds steady⁢ around $799, only $100 more than its 2017⁤ counterpart.

Leading up to the ‍iPhone 17 launch, ‌analysts predicted ‌notable price hikes, fueled ‍by potential tariffs on Chinese imports imposed by former US President⁣ Donald Trump. Though, Apple largely absorbed these costs. ⁤While ​the “Pro” models saw a $100 increase (from $999 to $1099), Apple offset ‌this by doubling the base storage to 256GB.The new iPhone Air,positioned as an option to​ the⁣ iPhone 16 Plus,also ⁤experienced ​a $100 price increase,reaching $999.⁤ A surge in early-year purchases by consumers anticipating‍ higher prices kept the overall impact minimal.

This affordability is unlikely⁤ to last. Apple will‌ likely struggle to permanently absorb ​rising costs, including tariffs. Shifting production from China to India won’t fully resolve the issue. The company is already signaling a future of $2,000+ iPhones.

This trend is already visible with the iPhone 17 Pro Max, wich offers a ‌2TB storage option for around $2,000 -‌ the closest Apple has come to that price point. Looking ahead, Apple plans to release its first foldable iPhone next year, aiming to compete with offerings from Samsung ⁤and Google, currently priced between $1,799 and $2,419 ⁢depending on‌ features. the future of iPhones points towards a considerably higher price bracket.

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