Apple Inc. Weighs Price Hike for Next iPhone

According to a recent report by The Wall Street Journal, Apple Inc. is considering a price increase for its new iPhone, expected to launch in the fall of 2025. This decision comes as the company explores significant design and format changes, aiming to differentiate the upcoming model from its predecessors.

Supply Chain and Production Insights

Insiders reveal that Apple's Pro and Pro Max models will continue to be manufactured in China, despite CEO Tim Cook's previous comments about shifting production to India. The current infrastructure and technical capabilities in India are not yet sufficient to meet the demands for these high-end models.

Market Reaction

Following the announcement, Apple's stock experienced a notable 7% surge in premarket trading, signaling investor optimism about the company's future prospects.