Ming-Chi Kuo offered a more recent prediction that may disappoint those waiting for the next iPhone. analyst tweeted In response to a quarterly revenue projection from Foxconn, “Hon/Foxconn is one of the winners of the increased ASP of the iPhone 14 series. I estimate that the iPhone 14 series ASP will increase by about 15% (versus the iPhone 13 series ASP). ) ) $1,000-1,050 (USD) due to two iPhone 14 Pro price hikes and higher shipment ratios.”
Hon Hai/Foxconn is one of the winners of the increased ASP of the iPhone 14 series. I estimate that the iPhone 14 series ASP will increase by about 15% (versus the iPhone 13 series ASP) to $1,000-1,050 (USD) due to the two iPhone 14 Pro price hikes and higher shipment ratios.
— (Ming-Chi Kuo) (@mingchikuo) 10 August 2022
The “ASP” stands for average selling price, which means that Kuo expects the average price of the base iPhone 14 model to be around $1,000 to $1,050, which is roughly the same as the price range of the current iPhone 13 Pro and iPhone 13 Pro Max models. is close. , By comparison, the standard iPhone 13 selling price ranges from around $699 to $999 at most retailers. one in follow up tweetKuo explained the relationship between Foxconn and a potential price increase for the iPhone 14: “Hon Hai is the flagship EMS for the iPhone 14 series (with a 60-70% order ratio), so its revenue is clearly reflected by the increased iPhone 14.” will benefit from the series esp.”
Considering the intensity of worldwide demand for electronics components due to the ongoing semiconductor supply crunch, the reportedly higher shipment ratio for phones with expensive A16 chips could drive up manufacturing costs. This means the iPhone 14’s average price could be higher – not lower – stumping one of Ming-Chi Kuo’s other predictions (for less ASP) as recently as September 2021.