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iPhone 15 Pro Models to See Major Price Hike Due to Titanium Chassis, Periscope Camera: Report

iPhone 14 Pro was launched last year with a starting price of $999 (roughly Rs. 79,555).

Written by Nithya P Nair, Edited by Siddharth Suvarna | Updated: 5 September 2023 11:25 IST
iPhone 15 Pro Models to See Major Price Hike Due to Titanium Chassis, Periscope Camera: Report

Photo Credit: Apple

iPhone 14 Pro Max is currently the most expensive iPhone model in the market

Highlights
  • Apple is allegedly planning to hike price of iPhone 15 Pro and Pro Max
  • Apple's 'Wonderlust' event will take place on September 12
  • iPhone 15 and iPhone 15 Plus might have same price tag as outgoing models
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iPhone 15 family— including the vanilla iPhone 15, iPhone 15 Plus, iPhone 15 Pro, and iPhone 15 Pro Max — is expected to go official at Apple's 'Wonderlust' event on September 12. This year, the Pro models in the latest iPhone 15 series are anticipated to be more expensive than the iPhone 14 Pro models. The increased cost can be attributed to the new titanium build and improved camera hardware. The vanilla iPhone 15 and iPhone 15 Plus, on the other hand, are said to have the same price tags as the outgoing models.

As per a report by DigiTimes analyst Luke Lin, the iPhone 15 Pro and ‌iPhone 15 Pro‌ Max would see a "major price hike" compared to their predecessors. The price hike could compensate for several rumoured hardware upgrades such as a new titanium chassis upgrade from stainless steel and a periscope camera system on the iPhone 15 Pro Max that will enable up to 5-6x optical zoom. Further, Luke Lin states that the pricing would remain similar for the standard iPhone 15 and iPhone 15 Plus models.

If this price hike takes place, then the iPhone 15 Pro Max could be the most expensive iPhone ever made. The iPhone 14 Pro Max is currently the most expensive iPhone model in the market.

Several factors including a weak global economy, ongoing inflation, and consumers shifting their budgets from buying consumer electronics to outdoor activities are expected to slow down smartphone sales in the second half of 2023 compared to the same period in the past several years. However, the report claims that holiday seasons and promotion campaigns would push global smartphone shipments in the fourth quarter of this year.

Last year, the iPhone 14 Pro and iPhone 14 Pro Max were launched with a starting price of $999 (roughly Rs. 79,555) and $1,099 (roughly Rs. 87,530) respectively. There's no information regarding what this price may increase to, though an old report claims that the iPhone 15 Pro will be $100 (roughly Rs. 8000) more than the iPhone 14 Pro, suggesting a starting price of $1,099 (roughly Rs. 87,530). The iPhone 15 Pro Max, in contrast, could be $200 (roughly Rs. 16,000) more than the iPhone 14 Pro Max, with a starting price tag of $1,299 (roughly Rs. 1,06,800).

The vanilla iPhone 14 was launched with a starting price tag of $799 (roughly Rs. 63,700) and the iPhone 14 Plus starts at $899 (roughly Rs. 71,600).

Meanwhiles, analyst Jeff Pu expects Apple to hike the price of the iPhone 15 Pro Max model as well. A Bloomberg report earlier also reiterated that the iPhone 15 could have a higher price tag than the ongoing models. Apple is allegedly planning to hike the price of 2023 iPhone models to increase its revenue.

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.
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iPhone 15

iPhone 15

  • REVIEW
  • KEY SPECS
  • NEWS
  • Design
  • Display
  • Software
  • Performance
  • Battery Life
  • Camera
  • Value for Money
  • Good
  • Big upgrades over the 14
  • Excellent ergonomics, build quality
  • Very good all-round performance
  • Apple ecosystem benefits
  • Bad
  • Relatively slow charging
  • Expensive
  • Still a 60Hz display
Read detailed Apple iPhone 15 review
Display 6.10-inch
Processor Apple A16 Bionic
Front Camera 12-megapixel
Rear Camera 48-megapixel + 12-megapixel
RAM 6GB
Storage 128GB, 256GB, 512GB
OS iOS 17
Resolution 1179x2556 pixels
Apple iPhone 15 Pro Max

Apple iPhone 15 Pro Max

  • REVIEW
  • KEY SPECS
  • NEWS
  • 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
Read detailed Apple iPhone 15 Pro Max review
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
iPhone 14 Pro

iPhone 14 Pro

  • REVIEW
  • KEY SPECS
  • NEWS
  • 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
Read detailed Apple iPhone 14 Pro review
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
iPhone 14 Plus

iPhone 14 Plus

  • REVIEW
  • KEY SPECS
  • NEWS
  • 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
Read detailed Apple iPhone 14 Plus review
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
iPhone 14

iPhone 14

  • REVIEW
  • KEY SPECS
  • NEWS
  • 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
Read detailed Apple iPhone 14 review
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
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Further reading: iPhone 15, iPhone 15 Series, iPhone 15 Pro Max, iPhone 15 Pro, iPhone 15 Plus, Apple, Apple Wonderlust
Nithya P Nair
Nithya P Nair
Nithya P Nair is a journalist with more than five years of experience in digital journalism. She specialises in business and technology beats. A foodie at heart, Nithya loves exploring new places (read cuisines) and sneaking in Malayalam movie dialogues to spice up conversations. More
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