Apple is expected to hike iPhone prices in the U.S. for the first time since 2017 by as much as $200 according to analysts.
Apple hasn’t raised the price of the iPhone in the U.S. since 2017. And you know what that means. Weekly financial publication Barron’s was able to obtain a note written by Wedbush analyst Dan Ives and the analyst says that Apple will raise prices on the upcoming iPhone 15 line. Ives even appeared on CNBC and mentioned that he sees ASPs increasing. The alphabet soup stands for Average Selling Prices and with Ives expecting a rise, it means that he is forecasting a price hike for this September’s new iPhone models although he didn’t specifically mention U.S. prices.When it comes to forecasting iPhone price hikes, Ives has a good track record.
