The 2022 update to the iPhone could be a costly purchase for consumers, with an analyst claiming there could be a $100 price rise on the way for the iPhone 14 collection.

Apple’s expansive supply chain is hard at work preparing for this fall’s iPhone refresh. However, that same arrangement of suppliers could end up forcing Apple into raising the price of its flagship products by a considerable amount.Wedbush Securities analyst Dan Ives said the firm believes “a $100 price increase is coming for the iPhone 14,” reports the Sun. “Prices have been increasing across the whole supply chain, and Cupertino needs to pass these costs to the consumer on this release.”

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