Yet another report says that Apple will hike the price of the iPhone 15 Pro and iPhone 15 Pro Max by as much as $200 in the States.
due to production issues that suppliers have been having with a new manufacturing process for the displays used by theApple raised prices in some countries while leaving U.S. prices alone because of the strong U.S. dollar
. A strong dollar means that iPhone units sold in foreign countries fetch fewer dollars when converted into U.S. currency. Raising the price of the iPhone in markets where the dollar is strong will increase Apple's take in U.S. Dollars. The U.S. Dollar Index is down 4.3% over the last year which means Apple might not feel the need to hike iPhone price overseas this year.
Many big companies like Apple will try to hedge some of their currency exposure in the foreign exchange market.
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