Apple has confirmed a price increase on its older iPhone models in Canada, effective as of the recent launch of the iPhone 18 series. The increase ranges between $100 and $450 based on the model and storage options selected by the user. For instance, the new pricing sees the iPhone 17 starting at $1,299 CAD, while the iPhone Air now costs $1,599 CAD and the iPhone 17e has a starting price of $999 CAD.
The price adjustments come amidst the company also revealing the iPhone 18 Pro series and a new foldable model. Notably, prices for the iPhone 16 have also seen a slight increase, now beginning at $1,149 CAD, an increase from its previous price of $1,129 CAD. Reports highlight that the price hikes are part of Apple’s strategy to increase the profitability of its product line, while also noting rising costs in memory and other components.
As the smartphone market continues to evolve, these adjustments by Apple could reflect broader trends in technology pricing, particularly amid ongoing supply chain issues and inflationary pressures.
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