Apple raised the price of its iPhone 14 series versus the iPhone 13 in key markets including the U.K., Japan and Germany even as it kept the price of the smartphone the same in the U.S., reports CNBC.
Rising component costs and a stronger dollar could be two big reasons behind the move, analysts told the publication. However, Apple didn’t raise the price of the iPhone 14 in China, one of its key markets, which continues to face economic headwinds from Covid lockdowns.