iPhone 18 Pro price: Here’s how much more it could cost

The upcoming iPhone 18 Pro is anticipated to be announced in roughly a month, boasting improvements such as a refined camera system, the A20 Pro chip, and more. However, the exact pricing of the iPhone 18 Pro remains uncertain. While Apple did not raise the prices of its MacBooks and iPads this summer, the iPhone was exempt from these adjustments. Analysts predict that the iPhone 18 Pro might be pricier than its predecessor, the iPhone 17 Pro.

The cost increase is attributed to several factors, including ongoing shortages in RAM and storage components. Apple CEO Tim Cook has compared the current memory pricing situation to a "hundred-year flood," with prices rising exponentially. Additionally, the variable aperture camera system, which is expected to be a feature of the iPhone 18 Pro, may contribute to a higher cost.

Ming-Chi Kuo, a supply chain analyst, reported that the variable aperture lens for the iPhone 18 Pro would have a 50% higher average selling price compared to the current iPhone 17 Pro's main camera.

Furthermore, the iPhone 18 Pro is set to feature the A20 Pro chip, a 2-nanometer processor created by TSMC. This cutting-edge design is reportedly more expensive for both Apple and TSMC to manufacture. Based on this information, it seems likely that the iPhone 18 Pro and iPhone 18 Pro Max will carry a price increase. However, the magnitude of this increase remains unclear.

Recent estimates suggest that Apple may raise the starting price of the iPhone 18 Pro by between $250 and $300. If this prediction holds true, the iPhone 18 Pro would have a starting price of at least $1,299, with a likely range of $1,299 to $1,399. To maintain similar profit margins, Apple would need to charge around $1,371 for the iPhone 18 Pro. However, considering the potential increase in costs due to the variable aperture camera system, the starting price tag could be closer to $1,399 or even higher.

Bloomberg's Mark Gurman has stated that Apple will undoubtedly raise iPhone prices, expecting an increase of between $100 and $200 for the iPhone 18 Pro. On a more optimistic note, analysts at JP Morgan suggested that Apple may find ways to reduce costs on other components to offset the higher expenses associated with the iPhone 18 Pro. The announcement of the iPhone 18 Pro and iPhone 18 Pro Max is expected in the coming weeks, at which point we will have a clearer picture of the exact pricing details.