Apple iPhone 17 price may jump $100, but you will get more storage for your money

Apple may increase iPhone 17 Pro prices by up to $100. This marks the first price hike since 2017. Global tariffs and design improvements contribute to this change. The base model might offer 256GB storage, doubling the current 128GB. This adjustm...

Reuters
Apple might give you more storage from the start, especially in the Pro models, but apparently, at a very heavy cost, quite literally.

As Apple might be getting ready to break a rule it has followed for almost eight years, i.e., keeping the prices of U.S. iPhone Pros the same. New information from the industry suggests that the iPhone 17 series could cost up to $100 more when it comes out. This is because of new features, design changes, and trade tensions around the world, as per a report by Techbook.

Why might Apple raise the prices of the iPhone 17 now?

The iPhone 17 lineup from Apple could cost up to $100 more, which would be the first price increase for high-end models in the U.S. since 2017. Analysts say that global tariffs, design improvements, and more storage are all important factors, as per a report by Techbook.


Apple has refused to raise the prices of its best iPhones in the U.S. for years, and they have stayed the same since the iPhone X came out in 2017. That streak might not last much longer.


ALSO READ: Donald Trump to host Kennedy Center honors — see the surprising list of this year’s recipients

Jeff Pu, an industry analyst, and other people who work on Wall Street think that the price of the next iPhone 17 series will go up a lot. There are many reasons, including a new design, better internal hardware, and, maybe most importantly, global trade policies, as per a report by Techbook.
ADVERTISEMENT

Tariffs on Chinese electronics have been a big issue during Trump's second term. Even though Apple makes most of its Pro models for the U.S. in India now, the unstable trade climate has led to rumors of price hikes. In fact, a lot of Americans bought things in a panic in early April because they were worried that iPhone prices would go up, as per a report by Techbook.

How much more could buyers afford?


The prices being talked about are between $50 and $100 more than what they are now. In the U.S., the price of the iPhone 17 Pro could go up from $999 to between $1,049 and $1,099. That would be the first time that Apple's Pro series has an entry-level option with less than $1,000 in storage.

ALSO READ: Orca attack mystery: What really happened to marine trainer Jessica Radcliffe

The rise fits with what several market watchers have said, including leaks from Setsuna Digital and comments from Jeffries analyst Edison Lee. Apple may be trying to protect its profit margins without losing customers because of rising costs and inflation, as per a report by Techbook.

ADVERTISEMENT

Will the extra storage make up for the rise?


Apple could make things easier for buyers by giving them more storage from the start. People are saying that the iPhone 17 Pro will start at 256GB instead of 128GB. This is the same storage level that the iPhone 16 Pro currently costs $1,099 for.

Apple could frame the price increase as extra value instead of just an extra cost if they got rid of the smaller capacity option. This isn't a new move; the company did something similar when it stopped making the 128GB version of the iPhone 15 Pro Max in 2023.
ADVERTISEMENT


FAQs

Why do people think the iPhone 17 will cost more?
Analysts say that global tariffs, design changes, and more storage are some of the main reasons.

Will the base iPhone 17 Pro still have 128GB of storage?
Probably not; reports say the Pro could start at 256GB.
Download
The Economic Times Business News App
for the Latest News in Business, Sensex, Stock Market Updates & More.
Download
The Economic Times News App
for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
READ MORE
ADVERTISEMENT

READ MORE:

LOGIN & CLAIM

50 TIMESPOINTS

More from our Partners

Loading next story
Business News › News › International › US News › Apple iPhone 17 price may jump $100, but you will get more storage for your money
Text Size:AAA
Success
This article has been saved

*

+