Apple's upcoming iPhone 16 Pro shall retain no price hike this time, contradicting previous reports of a price increase.
According to Bloomberg, the new iPhone would be launching for $999, maintaining the current price point.
Last year Apple launched its iPhone 15 series that was noticed with some price hikes during the year. The iPhone 16 Pro shall remain affordable.
The good news is that Apple will continue selling the version with 128GB of storage, and that will surely make the model look very friendly to the customers. It's a plus for those customers who were worried about a price bump.
iPhone 16 features (expected)
The new iPhone is expected to have slimmer bezels to create an even more immersive experience. Also, this time, battery life would be drastically improved, something each user wants after waiting a long time.
Read more: Apple event 'It's Glowtime' — Here's when and how to watch
These upgrades will make the iPhone 16 Pro worth an upgrade for those who need new hardware. A18 chip and artificial intelligence (AI) capabilities were supposed to be part of today's keynote.
Further, the so-called "Capture Button" was supposed to feature on all four iPhones and not just Pros. Thus, it gives way to a method whereby users can capture their photos and videos with unprecedented ease.
This would be the major upgrade that occurred in battery life since 2021, upon the release of the iPhone 13 Pro and Pro Max. This year's boost is expected to be a huge factor in selling this new iPhone.
Apple Event 2024 live coverage
We will be covering the Apple Event 2024 on our page, Gadinsider. You can tune in and watch the keynote for free at 10am PT/1pm ET on Apple's website, the Apple TV app, or YouTube.