iPhone 15 Pro and iPhone 15 Pro Max Prices Could Increase for First Time Since 2017: Report

Apple last hiked the price of its premium iPhone models with the launch of the iPhone X.

Advertisement
Written by Nithya P Nair, Edited by David Delima | Updated: 16 March 2023 11:41 IST
Highlights
  • iPhone 15 is expected to be unveiled by the company in September
  • The upcoming models are tipped to feature a titanium frame
  • iPhone 15 Pro and iPhone 15 Pro Max could feature an A17 Bionic SoC

iPhone 14 series was launched in September last year

Photo Credit: Apple

iPhone 15 series — comprising the iPhone 15, iPhone 15 Plus, iPhone 15 Pro, and iPhone 15 Pro Max — is likely to be unveiled sometime in September this year, based on the Cupertino company's previous launch schedules. However, unlike previous models, the iPhone 15 Pro and iPhone 15 Pro Max models will come with a higher price tag, an analyst has claimed. The price increase could be attributed to several leaked hardware upgrades, including a periscope camera, titanium frame, solid-state buttons, and more RAM. The iPhone 15 Pro models are expected to be powered by a next-generation A17 Bionic chip.

A report by MacRumors citing a research note by analyst Jeff Pu, claims that the upcoming iPhone 15 Pro models will be more expensive this year. The analyst says that the increased cost may be because of several rumoured hardware upgrades. These upgrades could include a periscope lens, a new titanium frame, solid-state buttons with haptic feedback from additional Taptic Engines, an A17 Bionic chip, and increased RAM.

Advertisement

Over the last five years, Apple has managed to keep the starting price of its iPhone Pro models unchanged in the US. Due to the strong dollar, the latest iPhone models have become more expensive for buyers in countries outside the US. If the new report turns out to be true, it would be the first price increase of iPhone models in the US since the iPhone X was announced in 2017.

In the US market, the iPhone 14 Pro was launched at $999 (roughly Rs. 79,555) while the iPhone 14 Pro Max was priced at $1099 (roughly Rs. 87,530). The vanilla iPhone 14 price starts at $799 (roughly Rs. 63,700) and the iPhone 14 Plus starts at $899 (roughly Rs. 71,600).

In India, iPhone 14 Pro pricing starts at Rs. 1,29,900 with the top-of-the-line iPhone 14 Pro Max priced at Rs. 1,39,900. The iPhone 14 is currently available for Rs. 79,900 while the iPhone 14 Plus sells for Rs. 89,900.

This is not the first time Apple has been rumoured to increase pricing for its iPhone 15 Pro models. In January, a Weibo report suggested that iPhone 15 Pro and iPhone 15 Pro Max models could be priced higher than the existing iPhone 14 Pro models. It claimed that a price increase has been done to “widen the gap” between the upcoming iPhone 15 Pro models and the iPhone 15 Plus model.

Apple is expected to release the iPhone 15 series in September this year. However, no date has yet been revealed by the Cupertino company.

Advertisement


Apple launched the iPad Pro (2022) and the iPad (2022) alongside the new Apple TV this week. We discuss the company's latest products, along with our review of the iPhone 14 Pro on Orbital, the Gadgets 360 podcast. Orbital is available on Spotify, Gaana, JioSaavn, Google Podcasts, Apple Podcasts, Amazon Music and wherever you get your podcasts.
Affiliate links may be automatically generated - see our ethics statement for details.
 
REVIEW
  • Design
  • Display
  • Software
  • Performance
  • Battery Life
  • Camera
  • Value for Money
  • Good
  • Excellent display
  • USB Type-C
  • AAA gaming
  • Excellent all-round performance
  • Good primary and telephoto camera
  • Customisable Action Button
  • Bad
  • Gets hot quickly when stressed
  • Slow wired charging
  • Expensive
 
KEY SPECS
Display 6.70-inch
Processor Apple A17 Pro
Front Camera 12-megapixel
Rear Camera 48-megapixel + 12-megapixel + 12-megapixel
RAM 8GB
Storage 256GB, 512GB, 1TB
OS iOS 17
Resolution 1290x2796 pixels
NEWS
REVIEW
  • Design
  • Display
  • Software
  • Performance
  • Battery Life
  • Camera
  • Value for Money
  • Good
  • Superb display with always-on mode
  • Excellent overall performance
  • Good battery life
  • All cameras take high-quality stills and video
  • Regular iOS updates for many years
  • Bad
  • Extremely expensive
  • Relatively slow charging and transfer speed
  • Gets warm under heavy workloads
  • Limited customisation for Dynamic Island
 
KEY SPECS
Display 6.10-inch
Processor Apple A16 Bionic
Front Camera 12-megapixel
Rear Camera 48-megapixel + 12-megapixel + 12-megapixel
RAM 6GB
Storage 128GB, 256GB, 512GB, 1TB
OS iOS 16
Resolution 1179x2556 pixels
NEWS
REVIEW
  • Design
  • Display
  • Software
  • Performance
  • Battery Life
  • Camera
  • Value for Money
  • Good
  • Good overall performance
  • Great camera quality in daylight
  • iOS ecosystem and ease of use
  • Bad
  • Dated design and notch
  • Very similar to iPhone 13
  • Relatively slow charging
  • Expensive
 
KEY SPECS
Display 6.06-inch
Processor Apple A15 Bionic
Front Camera 12-megapixel
Rear Camera 12-megapixel + 12-megapixel
Storage 128GB, 256GB, 512GB
OS iOS 16
Resolution 1170x2532 pixels
NEWS
REVIEW
  • Design
  • Display
  • Software
  • Performance
  • Battery Life
  • Camera
  • Value for Money
  • Good
  • Good overall performance
  • Great camera quality in daylight
  • iOS ecosystem and ease of use
  • Excellent battery life
  • Bad
  • Dated design and notch
  • Same SoC as iPhone 13 series
  • Relatively slow charging
  • Expensive
 
KEY SPECS
Display 6.68-inch
Processor Apple A15 Bionic
Front Camera 12-megapixel
Rear Camera 12-megapixel + 12-megapixel
Storage 128GB, 256GB, 512GB
OS iOS 16
Resolution 1284x2778 pixels
NEWS

Get your daily dose of tech news, reviews, and insights, in under 80 characters on Gadgets 360 Turbo. Connect with fellow tech lovers on our Forum. Follow us on X, Facebook, WhatsApp, Threads and Google News for instant updates. Catch all the action on our YouTube channel.

Advertisement

Related Stories

Popular Mobile Brands
  1. Infinix Note Edge JBL Edition First Impressions
  2. Realme C01 Price, Specifications Revealed via Retailer Listing
  3. Redmi K100 Confirmed to Get a 50-Megapixel Rear Camera
  4. Oppo Find X10 Pro Max Will Launch in India With This Flagship MediaTek SoC
  5. Poco X8s With a 6,330mAh Battery Debuts at This Price
  6. Infinix GT 50 Pro Gaming Bundle Revealed Ahead of October 27 India Launch
  1. GTA 6 Is Estimated to Have Generated $630 Million From Pre-Orders Already
  2. Infinix GT 50 Pro Gaming Bundle Revealed Ahead of October 27 India Launch
  3. Malaysia Rolls Out Tokenised Bond Platform for Around-the-Clock Settlement
  4. SBI Reports Suspected Data Exposure Affecting 3,897 Customer Records
  5. eMudhra Takes Remedial Action After Security Researcher Flags Weak Intermediate CA Keys
  6. Upbit Operator Dunamu Partners With MoonPay to Advance Stablecoin Payment Solutions
  7. Perplexity Computer for Mac Adds Local AI Mode for Pro, Max Subscribers
  8. Oppo Reno 17 Pro Camera, Display and Battery Specifications Surface Online Ahead of Expected Launch
  9. Motorola Razr Flex 27 Chipset and Other Specifications Revealed via Geekbench Listing Ahead of Launch
  10. Qubic Brings Blockchain Back Online After $1.4 Million Attack, Sets Recovery Claim Window
Download Our Apps
Available in Hindi
© Copyright Red Pixels Ventures Limited 2026. All rights reserved.