Apr 16 2014, 8:44am CDT | by Bijon Kumar Pramanik
Apple has always been known for being a company that charges a high price for their products, especially considering the incredible profit margins that they have been sustaining for many years now. The new reports that are coming out are now saying that the iPhone 6 will cost as much as $100 more in retail stores.
Currently, the iPhone 5s costs $199 when customers sign a two year contract with the cell phone companies. This $100 price increase wouldn’t put it out of line with many other competing phones, though, since Samsung offers a number of phones at the $299 price point.
Much of this price increase could be coming from the increase in screen size, but it also could reflect the incredible demand that there is for iPhones and Apple products as a whole. This could, however, cause a great many number of problems, outside of the United States, where cell phones aren’t subsidized. A price increase like this on a $599 phone can be a deal breaker for a lot of people.
This isn’t anything set in stone, but it is something that would make sense from an economic standpoint for Apple as one of the most profitable companies in the entire world.
Bijon Kumar Pramanik
Bijon Kumar Pramanik is an experienced technology writer working since years in the consumer electronics field.
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