Apple raises existing iPhone prices by $100 after new model launch

techcrunch.com

Apple is raising prices on existing iPhone models by $100, including the iPhone 16, iPhone 17, and iPhone Air, following the unveiling of the new iPhone 18 and foldable iPhone Duo on Wednesday. Starting today, Apple's online store shows new starting prices: iPhone 16 at $799, iPhone 17e at $699, iPhone 17 at $899, and iPhone Air at $1,099. International increases are steeper, with India seeing roughly a 20.5% rise, and the iPhone 17 Pro models have been discontinued. The hike breaks Apple's tradition of lowering older model prices with new releases, driven by a global memory chip shortage and rising component costs. Former CEO Tim Cook hinted at this shift in June, and Apple has already raised Mac and iPad prices, with its monthly Upgrade program potentially softening the impact.


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