There are new shiny iPhones, so Apple is making you pay more for older models
Apple increased prices on iPhone 16, 17e, 17, and Air by $100, and discontinued the iPhone 17 Pro and Pro Max. The move is unusual as older models traditionally become cheaper. The article attributes the hike to a global memory and storage chip shortage, and quotes former CEO Tim Cook's comments on rising costs. The price increases are steeper in some international markets.
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