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iPhone 18 Pro might cost less than expected, per report

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Why This Matters

Recent reports suggest that the iPhone 18 Pro may see a smaller price increase than initially feared, potentially only $50-$100, despite Apple's CEO Tim Cook warning of unavoidable price hikes. This could make the new iPhone more accessible to consumers and influence pricing strategies across the industry. The news highlights how Apple manages market expectations and cost pressures amid economic challenges.

Key Takeaways

Apple CEO Tim Cook recently said that “price increases are unavoidable,” but a new analyst report offers good news for prospective iPhone 18 Pro buyers.

J.P. Morgan forecasts $50-100 price increases for iPhone 18 Pro line, much lower than some estimates

The question of price increases is always a hot topic related to new iPhones. That’s in part because of consumer interest, but also due to Wall Street’s own motivation to guess pricing in advance.

Until very recently, analysts generally expected iPhone 18 Pro pricing to not stray too far from last year’s iPhone 17 Pro. For example, Ming-Chi Kuo has expected the base iPhone 18 Pro to stay the same, with increases only on higher storage tiers.

But then last week, Apple CEO Tim Cook made the unusual move of telling The Wall Street Journal that price increases are coming. He said:

“Unfortunately, price increases are unavoidable. We’re doing our best to mitigate the huge increases that are being passed to us, and we’ve been trying to shield our customers from the increases, but the situation has become unsustainable.”

That quote led WSJ to estimate that iPhone 18 Pro could start at $1,399 or more—up from $1,099 for iPhone 17 Pro. They based their numbers on Apple’s typical margins and expected increases for RAM, storage, and camera components.

But the latest J.P. Morgan analyst report offers much better news. Per Max Weinbach:

Was just looking at the research for iPhone price increases from JP Morgan

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