iPhone 16 Pro set for price hike as Apple looks to emulate iPhone 15 Pro Max's strategy: Report
Two days remain until the iPhone 16 launch, and anticipation is growing for the introduction of four new models. Rumors indicate that the iPhone 16 Pro will have a base storage of 256GB, which could influence upcoming iPhone releases. Furthermore, the possibility of local production in India may lead to a potential price reduction of up to 10% as a result of decreased customs duties.
Only 2 days left until the iPhone 16 launch event, and the anticipation and speculation about the new iPhones are at its peak. The event is scheduled to take place at the customary Cupertino Park in California, where 4 new iPhones are anticipated to be revealed: iPhone 16, iPhone 16 Plus, iPhone 16 Pro, and iPhone 16 Pro Max. Despite numerous leaked features, a recent report has provided valuable insights into the pricing and storage options of the iPhone 16 Pro.
As per Trendforce's report, the iPhone 16 Pro is likely to emulate the iPhone 15 Pro Max from the previous year by discontinuing the 128GB model and introducing a 256GB base model instead. It is worth mentioning that the iPhone 15 Pro Max was launched with a starting storage capacity of 256GB, maintaining the same price as its predecessor's 256GB version.
The Trendforce report indicates that although the price of the iPhone 16 Pro may see an increase, this could be offset for users by the inclusion of a premium tetraprism periscope lens and a base storage of 256GB. Additionally, Apple's decision to offer the iPhone 16 Pro with 256GB of base storage could significantly influence the upcoming iPhone lineup. Notably, Apple's introduction of 128GB as the base storage for the iPhone 12 Pro led to a similar trend being adopted for all iPhone 13 models released last year, suggesting that the same pattern may be seen across all iPhone 17 models launched next year.
iPhone 16 Pro to get price reduction in India
According to a report by Bloomberg, Apple is considering starting production of the iPhone 16 Pro and iPhone 16 Pro Max series in India later this year. This move may result in a lower price for these devices in the country. Assembling premium iPhone models locally could potentially reduce the prices of the new iPhone 16 Pro models by as much as 10%. Additionally, the Indian government has recently decreased customs duties on mobile phones, which is expected to incentivize the Cupertino-based company to further reduce prices.
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