Here’s why you shouldn’t buy a new iPhone right now

If you are thinking of getting a new iPhone, then a little patience, actually about a week’s patience, could help you save some money. Why we are exhorting you to do so because of the upcoming Apple event which is going to be held on September 7. Apple has named it the “Far Out” event and is expected to announce the new iPhone 14 series on that day.
Price cuts may come very soon
Why is this important? As the new iPhones are only going to be slightly costlier than the previous generation owing to the tech upgrades, right? That looks likely and is the usual norm but the point you may be missing out on is the chance of the drop in prices of the older iPhone models. And if that happens, that’s one way you can get a new iPhone at a good discount. There might be an iPhone 13 or a 12 at a reduced price that could end up being a great deal for you.

For example, when Apple launched the iPhone 13, it dropped the price of the 64GB iPhone 12 to Rs 64,900 from Rs 74,900. In a similar fashion, the iPhone 11’s price went down to Rs 5,000. For this year, Apple could drop the price of the iPhone 12 mini to 5,000, which would make the phone one of the cheapest 5G iPhones available in the market right now, along with the iPhone SE.
According to the latest rumours, and based on the general trend Apple has been observed to follow, the iPhone 14 series may go on sale on September 14. Thus, if you have been eyeing out the iPhone models and pondering every night over which one would be best for you, waiting a bit more could end up being quite profitable for you.
Meanwhile, one other thing to keep note of, which some of you may already be aware of, is the speculated higher price tags of the iPhone 14 series. Apple may charge you a lot more for the 2022 iPhones than expected because of several factors like inflation and global economic conditions. Also, the rupee has been taking a few blows against the US dollar, so that might be another reason why the iPhone 14 may end up costing a bit more than what you expect.

Noted Apple analyst Ming-Chi Kuo has already suggested that the iPhone 14 will cost more. Kuo noted that Foxconn — one of Apple’s biggest supply chain partners — has raised its full-year performance to “growing” from “roughly flat”. In a tweet, Kuo said that the “estimated iPhone 14 series ASP would increase by about 15% (vs. iPhone 13 series ASP) to $1,000-1,050 (USD).”

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