When Apple introduced the new iPhone 18 Pro Series and foldable iPhone Duo, many expected older iPhone models to see price cuts. Instead, Apple surprisingly raised prices for the current iPhone 17 Series, iPhone 17e, iPhone Air, and iPhone 16 models. All of these models have increased by $100 from their original prices.
In the U.S. market, the base iPhone 17 now starts at $899, the iPhone 17e at $699, the iPhone Air at $1,099, and the iPhone 16 at $799. While it's typical for older models to see price reductions when new models launch, this rare price increase is attributed to memory component shortages. This price hike affects not only iPhones but has also impacted Mac, iPad, and HomePod pricing.
Ref: gsmarena
