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Barry Humfrey Geraldton Tells the Reasons Why There is No Price Hike of Apple iPhone 14
Manage episode 347166476 series 3416793
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Investors were taken aback when Apple announced that it would not be raising the pricing of any of this year’s new iPhone 14 models. Despite what looked to be an admission by Apple CEO Tim Cook that inflation was a reality says Barry Humfrey Geraldton. On the other hand, the delicately maintained equilibrium between the additional capabilities. That has been promised and the models that will have them give the impression that it is designed to persuade fans of the iPhone to upgrade to more expensive versions. The price of this year’s series 14, particularly the premium models, was forecast by industry experts to increase by at least US$50 (or £74), if not by a greater amount. They concluded that a moderate hike in pricing would easily boost Apple’s total revenue from sales.
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