In 2023, September Apple introduced the new iPhone 15. One of the most notable models across this series was the iPhone 15 Pro Max with its features and price. Developers also talked about this phone because it was $100 more expensive than the iPhone 14 Pro Max, which was last year released at just $1099. The production cost of the company increased in an emerging manner.
Here are the details of Apple’s iPhone 15 Pro Max Price, which increased due to multiple new features and profit margins such as:
The product cost of Apple 256GB and 8GB iPhone 15 Pro Max is 8% higher than the 6GB with 256GB iPhone 14 Pro Max. This has been said as per the research data by Counterpoint. This means Apple could either absorb the cost of itself or this will increase the price by just a smaller number, which will be able to minimize the effects on customers.
The iPhone 15 Pro Max is a powerhouse when it comes to performance. One of the major reasons for this is Apple’s new generation mobile processor, which is manufactured using TSMC’s 3nm processing technology. The company has increased GPU and CPU performance by just 20%, which is why customers thank this new and advanced processor.
Another factor that increased Apple’s first 5x telephone camera is the Apple 15 Pro Max cost. The camera of this device has a focal length of 120 mm, and it uses a quadruple reflection prism, which will reflect the light. Apart from all the assumptions here, we can say that the main reason for the price increase of this company is not just cost, but this is about profit.