Press Here

iPhone 6 Could Be $300 Under Contract

View Comments (
)
|
Email
|
Print
iPhone 6 Could Be $300 Under Contract

Getty Images

SAN FRANCISCO, CA - MARCH 07: Apple CEO Tim Cook speaks during an Apple product launch event at Yerba Buena Center for the Arts on March 7, 2012 in San Francisco, California. In the first product release following the death of Steve Jobs, Apple Inc. introduced the third version of the iPad and an updated Apple TV. (Photo by Kevork Djansezian/Getty Images)

Apple is hoping its wireless carriers are OK with charging $100 more for its next generation iPhone, according to an analyst.

Jefferies analyst Peter Misek announced that Apple has been asking carriers if they would OK $100 more for the new iPhone, dubbed the iPhone 6, and its "starting subsidized price," according to AppleInsider. Misek said that Apple was actively seeking approval but that wireless carriers weren't being agreeable.

Despite the lack of enthusiasm from carriers, Misek still thinks Apple will get some rise in price because of the hype and hullaballo that surrounds a new Apple product. Misek said that a $50 increase will be a likely option for Apple and nudge its revenues by 2 percent (although $100 would boost it to 6 percent.) Other analysts have also agreed that a price hike is likely, mostly because the new iPhone will be significantly larger. Other analysts have also said that Apple will debut more than one size, such as a 4.7-inch and 5.5-inch models.

If Apple intends on selling larger models, a higher price tag may be more logical, but $100 more for the new iPhone may have the opposite effect of lowering sales and decreasing revenue overall. This is a tough one for Apple, especially as it reaches a crossroads in its company's evolution.
 

Leave Comments