How to Money · Friday, September 11, 2026
Apple's iPhone 16 has seen a $100 price increase, raising its cost from $700 to $800. This price hike is reportedly due to ongoing chip supply shortages affecting production. The increase was broadcast for months, and the company had warned consumers about upcoming price adjustments.
“But one of the other things that they snuck into the event was that the $100 increase finally happened, which they had been broadcasting for months now, right?”
“And this even happened to the iPhone 16, which they're still selling on the Apple website, went up from, was it 700 bucks? Up to 800 bucks. because of the fact that chips are in shorter supply.”