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Apple Raises Prices on iPhone 17 and 16 Series Amid Component Cost Surge

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Written by Seth Sebastian

2026-09-09

iPhone 17 side view

In a move reflecting shifting market dynamics, Apple raises prices across its iPhone lineup. The iPhone 18 Pro and Pro Max lead this change, seeing a $100 increase over previous models. The impact extends beyond new releases to existing models like the iPhone 17, which now starts at $899, up from $799.

Price Hike: A Look at the Impact

The iPhone Air joins the four-digit club, launching at $1099, while the iPhone 17e sees its cost rise to $699. Even the older iPhone 16 is not exempt, now priced at $799. As new pricing takes effect, consumers need to evaluate their options with each purchase.

For many, this justifies a raised eyebrow, especially as some models have not received an upgrade. However, Apple cites increasing costs for essential components like RAM and storage as driving factors. CEO Tim Cook has likened the semiconductor shortage to a ‘hundred-year flood’, underscoring the pressure on pricing. These price adjustments respond to underlying cost pressures.

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iPhone 17 range with prices

iPhone 17 models on display with sleek design in a retail shop.
iphone 17 models

Here’s the updated lineup:

  • iPhone 17e: $699 for 256 GB
  • iPhone 16: $799 for 128 GB
  • iPhone 17: $899 for 256 GB
  • iPhone Air: $1099 for 256 GB
  • iPhone 18 Pro: $1199 for 256 GB
  • iPhone 18 Pro Max: $1299 for 256 GB
  • iPhone Duo: $1999 for 256 GB

The iPhone 17 Pro has been discontinued to make way for the iPhone 18 Pro, with base model updates expected in spring 2027. As Apple’s strategy unfolds, its strategic release schedule dedicates this fall to high-end launches, and base models wait for a spring refresh. The landscape of iPhone pricing and availability is indeed evolving rapidly.

Source: 9to5mac.com

Frequently asked questions

Why did Apple raise iPhone prices?

Apple raised iPhone prices due to the increasing costs of essential components like RAM and storage. The company cites these cost pressures as the driving factors behind the price hikes.

What is the new price of the iPhone 17?

The new price of the iPhone 17 is $899, up from its previous price of $799.

Which iPhone models have reached four-digit prices?

The iPhone Air has launched at $1099, joining the four-digit price category.