IPHONE owners are being warned that they must sell their old phones this month if they want to get the most out of them.
This comes as Apple is expected to launch the iPhone 14 next month.
According to Snell Cell, a phone trading company, iPhone 11 and iPhone 12 owners got less trade-in value after the iPhone 13 was announced last September.
Specifically, the iPhone 12 Pro Max lost around $220 in value after the relaunch of the iPhone 13 last year.
The closer iPhone users get to the iPhone 14 launch, the more money they will lose in trade-in value.
Experts previously told The Sun that the iPhone 14 is expected to cost $100 more than previous models.
“Apple will have some tough decisions to make regarding iPhone 14 pricing,” said Ben of CCS Insight.
“There is no doubt that production and component costs continue to rise for all consumer electronics manufacturers, and in the case of the UK exchange rates are also a factor.
“These elements suggest that a price increase may be necessary.
“But given cost-of-living headwinds, Apple might decide that raising prices might be counterproductive.”
On the other hand, CNET experts, including analyst Ming-Chi Kuo, believe that the iPhone 14 Max could cost less than $900.
In 2019, Apple offered the iPhone 11 for $699, which is $50 less than the previous year’s iPhone XR, according to CNET.
It was to stay competitive with brands like Samsung.
In 2018, Apple CEO Tim Cook defended Apple’s pricing structure.
“We want to make an iPhone for everyone,” Cook told Robin Roberts.
“Turns out most people pay for these is they make a deal with their carrier and they pay so much per month.”
“Even the phone that costs more than $1,000, most people pay around $30 a month, or about $1 a day.”
The Sun expects the iPhone 14 launch event to take place on Tuesday, September 13 or Wednesday, September 14.
This would be followed by iPhone 14 pre-orders on Friday, September 16.
And we’re expecting an actual iPhone 14 release date of Friday, September 23.
The iPhone 14 Pro is expected to sit alongside the iPhone 14, iPhone 14 Max, and iPhone 14 Pro Max.
It will pack a large 6.06-inch flexible OLED display with a fast 120Hz refresh rate (for smooth scrolling and animations), according to a leak reported by the US Sun.
The screen is designed to have a very sharp resolution of 2,532 x 1,170 pixels, which equates to 460 pixels per inch.
It is expected to pack a faster A16 Bionic chip, based on previous iPhone launches.
The handset is said to carry 6GB of fast LPDDR5 memory, along with storage options of: 128GB, 256GB, 512GB and 1TB.
On the rear, we’re expecting a triple-camera arrangement comprising two 12-megapixel cameras paired with a 48-megapixel shooter
A pill-shaped notch is expected to interrupt the top of the display to house a selfie camera and Face ID scanner and the body would feature a titanium alloy frame.