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Why Your Next iPhone Will Cost More

Maria Lindqvist
Last updated: June 18, 2026 07:31
Maria Lindqvist
Published: June 18, 2026
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Apple customers may be heading into a more expensive upgrade cycle, with multiple tech reports pointing to possible price increases for the iPhone, iPad and Mac.

Engadget reported Thursday that Apple CEO Tim Cook said price increases are “unavoidable” because of a memory crunch. The Verge also reported that price hikes could be coming to Apple’s biggest hardware lines, while TechCrunch said AI is adding pressure to Apple in ways that may force higher iPhone prices.

The pressure matters because Apple’s business still depends heavily on premium devices. If component costs rise, the company faces an uncomfortable choice: absorb the hit, raise prices or adjust how aggressively it markets new AI-powered features on its devices.

The reports come as AI demand keeps pulling attention and investment toward chips, memory and cloud infrastructure. Analysts say that kind of demand can ripple through consumer hardware, especially when phone and laptop makers are competing for the same high-performance components used across the AI economy.

Apple is also trying to keep its product cycle fresh. The Verge, citing Bloomberg’s Mark Gurman, reported that the next version of Apple’s ultra-slim iPhone Air could arrive in spring 2027, with Apple reportedly working on better battery life and a possible ultrawide camera. Engadget similarly reported that an iPhone Air 2 may launch next spring with a second camera.

That creates a pricing challenge. A thinner, more capable device may be easier to sell as a premium product, but higher prices could test consumers already comparing Apple devices with cheaper laptops, Android phones and AI-first gadgets.

Competitors are moving quickly. CNET highlighted a broad market of tested phones, laptops and TVs across budgets, including Apple, Samsung, Google, LG and TCL products. Engadget reported that Google has launched Android 17 features for multitasking and foldable gaming, and introduced a new $100 Google Home speaker with deeper Gemini integration.

Snap is pushing a different bet, with Engadget reporting that its slimmed-down AR Specs will go on sale later this year for $2,195. TechCrunch reported that Snap’s stock fell after the expensive AR glasses were unveiled.

For Apple, the risk is not just whether shoppers can afford a new iPhone. It is whether the company can keep charging premium prices while AI raises the cost of building the devices that are supposed to carry its next software era.

 

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