Rumor claims 6.1-inch iPhone 14 base model will retail for $799, no price hike this year

An Apple leaker @Yeux1122 claims that the new 6.1-inch iPhone 14 base model will retail for $799, the same price as 6.1-inch iPhone 12 and 6.1-inch iPhone 13.

Reports also claim that the 5.4-inch iPhone mini model will be discontinued and the upcoming iPhone series will only offer models with larger displays including 6.1-inch iPhone 14, 6.1-inch iPhone 14 Max, 6.7-inch iPhone 14 Pro, and 6.7-inch iPhone 14 Pro Max.

If that holds true, then the new iPhone 14 base model will be the cheapest entry-level flagship iPhone, replacing iPhone 13 mini which costs $699.

Apple - iPhone 14 base model

Amidst a global decline in smartphone shipments, Apple has decided on a price freeze for the new 6.1-inch iPhone 14 base model

Currently, major smartphone manufacturers are experiencing a decline in shipments worldwide due to COVID-19, the Ukraine war, global chip shortage, and consumers’ low buying trends triggered by inflation. Therefore, it was expected that Apple will also increase the price by $100 across the new iPhone series.

However, in deteriorating macroeconomic conditions, iPhone sales are thriving. In China, iPhone sales grew by 13% Y-o-Y in May, and Apple reported $40.7 billion in record revenue in Q3, 2022.

Maybe the promising figures convinced the company’s top executives to maintain a price freeze for the second year in a row.

iPhone 14 base model

Leaker wrote that Apple’s top executives decided not to increase the price of the 6.1-inch iPhone 14 base model, this year as well, because it could lead to a decline in demand in a stifled global smartphone market.

The decision to impose a price freeze on the 6.1-inch iPhone 14 this year is alleged to have been made “at the top executive level,” despite the company facing increased production costs and continued supply chain unrest.

via MacRumors

About the Author

Addicted to social media and in love with iPhone, started blogging as a hobby. And now it's my passion for every day is a new learning experience. Hopefully, manufacturers will continue to use innovative solutions and we will keep on letting you know about them.