Ouch, Apple’s iPhone 12 Lineup Expected to See Price Increases

Want to snag the new iPhone 12 when it launches? Then you should prepare your wallet now for a bigger financial hit than expected.

According to a recent rumor, the entry-level iPhone 12 may be $50 more expensive than earlier rumors predicted. But that’s not all.

Earlier reports suggested the iPhone 12 may start at $649, an attractive price point for the 5.4-inch model. However, a recent report from @komiya_kj on Twitter corroborates other newer leaks that claim the iPhone 12 will debut for $699, a $50 price increase over previous rumors.

This will put the 5.4-inch iPhone 12 on the same par as the 6.1-inch iPhone 11. Though the same price, the iPhone 12 will have a significantly smaller display.

The prices of the other iPhones likely will increase accordingly. The 6.1-inch iPhone 12 Max may start at $799 and the iPhone 12 Pro models climbing over $1,000.

Not only will the iPhone 12 be more expensive, but it also may ship with fewer items in the box. Another previous rumor hints Apple may be sending the iPhone in a barebones package. The company may be removing both the power adapter and the earbuds from the box. Besides the iPhone, the box will only contain a charging cable.

With these extras eliminated from the box, the company will shrink its iPhone packaging, allowing it to ship more units on a single pallet. More iPhones per pallet means less shipping constraints and increased inventory for eager consumers at launch.

Apple is expected to announce the iPhone 12 during its annual September event. Apple typically announces its phones in early September and then begins selling them at the end of the month. A recent leak from well-known leakster Jon Prosser suggests Apple may delay the launch until October.

[The information provided in this article has NOT been confirmed by Apple and may be speculation. Provided details may not be factual. Take all rumors, tech or otherwise, with a grain of salt.]