Apple Raises Prices of iPhone 16, iPhone 17, iPhone Air, and iPhone 17e
Key Points:
- Apple has increased the prices of its existing iPhone models—iPhone 16, iPhone 17, iPhone 17e, and iPhone Air—by $100 each on its online store following the announcement of the iPhone 18 Pro and iPhone 18 Pro Max.
- The new starting prices are $799 for iPhone 16, $699 for iPhone 17e, $899 for iPhone 17, and $1099 for iPhone Air.
- With the launch of the iPhone 18 Pro series, Apple has discontinued the iPhone 17 Pro and iPhone 17 Pro Max models.
- CEO Tim Cook previously indicated that price increases were "unavoidable" due to rising costs of memory and storage chips, driven by high demand from AI and neocloud companies building data centers.
- The global semiconductor supply constraints, exacerbated by the AI infrastructure boom, have significantly impacted component availability, with Cook describing the memory shortages as unprecedented in his 40-year career.