Report: iPhone 18 Pro Could Start at $1,399 Amid Price Hikes

Apple this week confirmed that price increases are coming across its lineup due to rising memory chip costs, and now The Wall Street Journal has published its own analysis estimating the i Phone 18 Pro could start as high as $1,399. Speaking with The Wall Street Journal, Apple CEO Tim Cook acknowledged that the company is not immune to soaring memory chip costs. Asked which devices would see price increases and when, Cook said, "We're still working through that," with more clarification expected to arrive with the next iPhone lineup this September. The price hikes stem from a global shortage of DRAM and NAND flash storage, driven largely by AI data centers competing for the same components. Manufacturers including Samsung Electronics and Micron Technology have been shifting production toward enterprise-scale memory chips for AI servers, squeezing supply for consumer electronics like the iPhone. Citing analysis from research firm TechInsights, The ‌Wall Street Journal‌ now reports that prices for DRAM and flash storage are projected to roughly quadruple by this fall compared to last year. TechInsights estimates that Apple paid around $39 for the 12GB of DRAM in the iPhone 17 Pro, a cost that could climb to $145 in the ‌iPhone 18 Pro‌. The 256GB flash storage tier, which cost Apple about $13 in the ‌iPhone 17 Pro‌, could rise to $51. Overall, TechInsights estimates Apple's component and manufacturing costs for the ‌iPhone 17 Pro‌ excluding memory at roughly $530. Combined with DRAM and flash storage, that puts the total estimated bill of materials for the base ‌iPhone 17 Pro‌ at about $582, with the ‌iPhone 18 Pro‌'s costs projected to rise 25% to around $726. TechInsights' research suggests the $1,099 ‌iPhone 17 Pro‌ carries a gross margin of around 47%. To preserve that margin on the ‌iPhone 18 Pro‌, Apple would need to charge $1,371, but The ‌