iPhone 15 Pro Max Likely to Start at $1,199 to $1,299, Says Analyst (2024)

by Joe Rossignol

Apple's upcoming iPhone 15 Pro models will likely be more expensive than the current models, according to Tim Long, an analyst at British bank Barclays. Long said this information is based on conversations with supply chain companies in Asia.

iPhone 15 Pro Max Likely to Start at $1,199 to $1,299, Says Analyst (1)
In a research note this month, obtained by MacRumors, Long said he expects the iPhone 15 Pro to cost up to $100 more than the iPhone 14 Pro, and the iPhone 15 Pro Max to be $100 to $200 more expensive than the iPhone 14 Pro Max. He believes pricing will remain similar for the standard iPhone 15 and iPhone 15 Plus models.

Based on Long's estimates, pricing for the iPhone 15 lineup in the U.S. could be as follows:

  • iPhone 15: $799 (unchanged)
  • iPhone 15 Plus: $899 (unchanged)
  • iPhone 15 Pro: Up to $1,099 (vs. $999 now)
  • iPhone 15 Pro Max: Up to $1,299 (vs. $1,099 now)

Rumors suggest the iPhone 15 Pro Max will feature an upgraded Telephoto lens with periscope technology that enables up to 5-6x zoom without blur, compared to 3x on iPhone 14 Pro models. This feature is not expected to be available on the smaller iPhone 15 Pro this year, which could contribute to the Pro Max seeing a bigger price increase. Long believes the periscope lens will add around $50 to the iPhone 15 Pro Max's bill of materials.

Price estimates for future iPhones should always be treated with some skepticism, as they are merely educated guesses and are not always correct. For example, Apple analyst Ming-Chi Kuo predicted price increases for the iPhone 14 Pro models last year, but the devices ended up having the same prices as the previous generation.

Apple is expected to announce the iPhone 15 lineup in September, despite reports of a temporary display-related manufacturing issue for the Pro models. Other rumored features for the Pro models include a USB-C port, titanium frame, customizable Action button, faster A17 Bionic chip, thinner bezels around the display, Wi-Fi 6E support, increased RAM, upgraded Ultra Wideband chip, and more, so all of the new features coupled with inflationary pressures could warrant price hikes. It would be the first price increase for the high-end iPhone models since the iPhone X and iPhone XS Max, which started at $999 and $1,099, respectively.

Earlier this week, Bloomberg's Debby Wu and Takashi Mochizuki reported that Apple was considering raising the prices of the iPhone 15 Pro models by an unspecified amount, so multiple sources have reported this possibility. We'll find out for sure when Apple unveils the iPhone 15 lineup in just a few months from now.

Related Roundup: iPhone 15 Pro

Tag: Barclays

Buyer's Guide: iPhone 15 Pro (Neutral)

[ 297 comments ]

Top Rated Comments

TheYayAreaLiving ?️

9 months ago

It's crazy to think how many items you used to get when purchasing an iPhone back in the day. Fast forward to today, and you get less than half of the stuff you see in the photo below. Half of the asking price too!

How times have changed!

iPhone 15 Pro Max Likely to Start at $1,199 to $1,299, Says Analyst (3)

Score: 45 Votes (Like | Disagree)

contacos

9 months ago

Nuts for something that is practically just the same with slight camera improvements and a little bit more speed that you won’t really notice opening instagram

Score: 43 Votes (Like | Disagree)

TheYayAreaLiving ?️

9 months ago

Sheeeesh! iPhone 15 Pro Max going up $200.00?

It better have all the most advanced features and the best battery life a smartphone can offer in today's world. Personally, I think iPhone 15 Pro Max will start at $1,199, not $1,299.

Score: 33 Votes (Like | Disagree)

Will Co

9 months ago

We all need to stop buying. It won't happen, of course, but it's the only way to try to send a message.

Score: 31 Votes (Like | Disagree)

corrado7

200 more? I don’t think so

Score: 21 Votes (Like | Disagree)

Kierkegaarden

9 months ago

Whatever. Put me down for a 15PM.

Score: 17 Votes (Like | Disagree)

Read All Comments

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iPhone 15 Pro Max Likely to Start at $1,199 to $1,299, Says Analyst (2024)

FAQs

IPhone 15 Pro Max Likely to Start at $1,199 to $1,299, Says Analyst? ›

iPhone 15 Pro Max Likely to Start at $1,199 to $1,299, Says Analyst. Apple's upcoming iPhone 15 Pro models will likely be more expensive than the current models, according to Tim Long, an analyst at British bank Barclays. Long said this information is based on conversations with supply chain companies in Asia.

What's wrong with the iPhone 15 Pro Max? ›

Burn-in issues with the iPhone 15 Pro Max

The problem is OLED burn-in, which is not just an iPhone-specific problem since it can occur on any device with an OLED screen. However, it has become a concern for iPhone 15 Pro Max users.

Is it worth buying an iPhone 15 Pro Max? ›

The iPhone 15 Pro Max is a powerful and feature packed smartphone with enhanced overall performance. But, it's an expensive phone to own and operate when you consider the cost of the phone itself, AppleCare+, cellular phone service and any accessories (such as a case, wireless charging pad and extra USB Type-C cables).

What is the price of iPhone 15 Pro Max in USA? ›

iPhones Pro and Pro Max, on the other hand, have a starting cost of $999 (around ₹82,781) and $1,199 (around ₹99,354).

Is the iPhone 15 Pro Max a flop? ›

The latest iPhone 15 and Pro Max have been described as “Apple's biggest flop in history” after issues including overheating, dust in the components, metal changing colour and the phone failing the bend test were discovered.

What is the future price of iPhone 15 Pro Max? ›

Apple iPhone 15 Pro Max Full Specifications
BrandApple
ModeliPhone 15 Pro Max
Price in India₹148,900
Release date12th September 2023
Launched in IndiaYes
6 more rows

Which is better, 15 Pro or 15 Pro Max? ›

Most years, the only reason to opt for an iPhone Pro Max is to get a larger screen and more battery life. However, this time around, the iPhone 15 Pro Max pulls out farther ahead of its little sibling thanks to an improved 5x optical zoom on its telephoto lens that has no downside.

How old is iPhone 15 Pro Max? ›

Pre-orders began on September 15, 2023, and the devices were made available to the general public on September 22, 2023. Like the iPhone 15 and 15 Plus, the 15 Pro and Pro Max replace the proprietary Lightning connector with USB-C to comply with European Union mandates.

In which country iPhone 15 Pro is cheapest? ›

United States

The United States reportedly has the lowest price of iPhone 15 models. The base model iPhone 15 starts at $799. The iPhone 15 Pro is priced at $999. This amount roughly translates as INR 66512 for the iPhone 15 and INR 83161 for the iPhone 15 Pro series respectively.

What is the difference between the iPhone 15 Pro and Pro Max? ›

If you're someone who prefers a smaller device that is easier to use one-handed, then the iPhone 15 Pro is the best choice. If you want a larger screen, a bigger battery, and a better zoom lens, then the iPhone 15 Pro Max is the better option.

In which country is the iPhone the cheapest? ›

Countries Where You Can Buy A Cheaper iPhone Than India
  • United States. iPhone 15: Starts at $799 or Rs 66,208 | iPhone 15 Plus: Starts at $899 or Rs 74,495 | iPhone 15 Pro: Starts at $999 or Rs 82,781 | iPhone 15 Pro Max: Starts at $1,199 or Rs 99,354.
  • 2.UAE. ...
  • 3.China. ...
  • 4.Hong Kong. ...
  • 5.Vietnam. ...
  • 6.Singapore. ...
  • 7.Thailand. ...
  • 8.Japan.
Feb 5, 2024

Does the iPhone 15 Pro have problems? ›

There have been several reports of the iPhone 15 Pro running warmer than expected. Apple addressed the issue back in September last year, stating a possible cause was due to third-party apps, and a supposed fix was released in iOS 17.1.

Does the iPhone 15 Pro Max overheat? ›

Widespread complaints about overheating of the new iPhone 15 Pro and Pro Max can be traced to several factors, including a software bug in iOS 17, Apple told CNET on Saturday.

Is the iPhone 14 or 15 better? ›

Across a variety of tests and benchmarks, the A16 Bionic in the iPhone 15 outperforms the A15 Bionic in the iPhone 14 in every way. The differences can be as great as a 10 to 15% improvement in most areas including compute power, graphics processing and power efficiency, all of which are really great.

Is iPhone 15 Pro issues fixed? ›

Resolving iPhone 15 Pro Overheating Problems

The iOS 17.0. 3 update aims to tackle overheating issues that have plagued iPhone 15 Pro and Pro Max models. It fixes a bug within the operating system that was causing thermal problems, particularly with the new A17 Pro chip.

Is the iPhone 15 good or bad? ›

The iPhone 15 is the most sensible pick in Apple's lineup, delivering good everyday performance and all of the features you expect for a reasonable price.

What will be different about the iPhone 15 Pro Max? ›

The iPhone 15 Pro Max has the familiar triple camera with a LiDAR system, and now uses its internal room to house a new 5x zoom lens (120 mm equivalent). Of course, that 48 MP sensor was introduced with the iPhone 14 Pro series and was a leap from the 12 MP of before.

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