Apple's Fall 2023 iPhone Lineup: Pro Models Get Pricier, Older iPhones Drop in Cost

The Pro tier climbs higher while the budget tiers become more accessible
Apple's fall 2023 strategy creates a widening gap between its most expensive and most affordable phones.
Mark

So Apple is raising prices on the Pro models but cutting them on older phones. Why would they do both at once?

Mimi

It's about segmentation and clearing inventory. The Pro models are where Apple pushes innovation and margins—they can command higher prices because they're genuinely different. The older phones are still good, but they're not new, so Apple needs to move them out to make room for the new lineup.

Luke

But we should note these Pro prices are rumors. The $1,099 and $1,299 figures aren't confirmed yet. We know Apple raised prices internationally on the iPhone 14, but they didn't do it in the US. So there's real uncertainty here.

Mark

What about the discontinuations? Why kill the iPhone 12 and the 13 mini?

Mimi

The iPhone 12 at $499 creates a pricing problem—it's too close to the iPhone SE at $429, and it's too old to justify keeping around. The 13 mini never sold well. Smaller phones just don't have the market Apple wants.

Luke

Right, and the 13 mini is being replaced by the regular iPhone 13 dropping to $599. So it's not that small phones disappear entirely, just that Apple is consolidating its options.

Mark

The storage change seems significant—everyone except the SE gets 128GB minimum.

Mimi

It is. That's a real upgrade for users. You're not stuck with 64GB anymore on most phones. It simplifies the lineup too.

Luke

Though it also means less price differentiation at the entry level. If the base model is 128GB across the board, Apple loses a way to segment buyers by storage. That's a trade-off.

Mark

So when should someone actually buy?

Mimi

If you want an older model, waiting until after the iPhone 15 announcement in September makes sense. Prices will drop, and you'll know exactly what you're choosing not to buy.

Luke

But we don't know how fast inventory will move or how aggressive carriers will be with discounts. That's still in the air.

  • The iPhone 15 Pro is rumored to open at $1,099 — a meaningful price escalation that signals Apple is testing how far its most loyal customers will follow.
  • Below the Pro line, a cascade of price cuts on the iPhone 13 and 14 creates sudden value where there was none, pressuring buyers to decide quickly before inventory evaporates.
  • The iPhone 12's discontinuation closes a chapter, eliminating an awkward pricing overlap with the SE and forcing budget shoppers into a narrower set of choices.
  • The universal jump to 128GB base storage quietly retires the 64GB era, simplifying decisions but also compressing the entry-level differentiation Apple once relied upon.
  • A strategic window is opening for deal-seekers — but it will close fast once September's announcement reshuffles carrier pricing and clears remaining stock from shelves.

Each autumn, Apple redraws the boundaries of what a smartphone should cost and for whom, and the fall 2023 cycle is no exception. This year's shift is notable for its dual motion: the Pro tier ascending toward four-figure territory, while older models descend to meet buyers who have long watched from the margins. In discontinuing the iPhone 12 and retiring the 13 mini, Apple is not merely tidying a product shelf — it is quietly redrawing the map of accessibility, standardizing storage floors, and asking consumers to reckon with what premium truly means.

Apple's fall 2023 iPhone refresh is shaping up as a story of two markets moving in opposite directions at once. The Pro models are expected to climb, with the iPhone 15 Pro rumored to start at $1,099 and the Pro Max — possibly rebranded Ultra — at $1,299. These figures aren't yet official, but they reflect a pricing posture Apple has already tested in international markets without fully applying to the US.

Below the Pro line, the dynamic reverses. The iPhone 13 and iPhone 14 families are expected to remain in Apple's roster at reduced prices, creating a more accessible mid-range. The iPhone 15 and 15 Plus, inheriting the A16 chip from last year's Pro models, will anchor the new standard tier starting at $799 and $899 — offering meaningful performance without crossing into four-figure territory.

The lower end sees the most housecleaning. The iPhone 12 is expected to be discontinued, its $499 price point too close to the SE's $429 to survive. The iPhone 13 mini faces the same fate, its slot absorbed by the standard iPhone 13 dropping to $599. These retirements follow a pattern Apple has used before to resolve pricing overlaps and simplify its lineup.

Across nearly the entire non-SE lineup, Apple is eliminating the 64GB storage tier entirely, standardizing at 128GB. The SE remains the lone exception. It's a change that gives buyers more usable space from day one, even as it reduces the entry-level differentiation Apple once used to segment its audience.

For shoppers, the practical takeaway is timing. The September announcement will trigger pricing adjustments across carriers and retailers, and used market values will shift accordingly. Those eyeing older models may find better deals in the window just after the launch — provided inventory holds long enough to matter.

Apple's fall refresh is shaping up to be a tale of two markets: the Pro tier climbing higher, while the budget and mid-range tiers become more accessible. The iPhone 15 Pro models are expected to start at $1,099 for the base model, a significant jump from where the iPhone 14 Pro launched. The Pro Max, possibly rebranded as the Ultra, would begin at $1,299. These are rumored figures, not yet official, but they reflect a pattern Apple has already tested internationally—price increases that haven't yet touched the US market in the way they have elsewhere.

What makes this cycle different is what happens below the Pro line. Apple typically retires the previous generation's Pro models when new ones arrive, but this year the company appears ready to keep several older phones in its roster at reduced prices. The iPhone 14 and iPhone 14 Plus, released just last year, are expected to remain available. So too will the iPhone 13, a phone now two generations old. These older flagships will drop in price to make room for the new standard iPhone 15 and 15 Plus, which will inherit the faster A16 chip from last year's Pro models and serve as the new performance sweet spot for buyers who don't want to spend four figures.

The real housecleaning happens at the lower end. The iPhone 12, currently priced at $499, is expected to be discontinued. That price point creates an awkward overlap with the iPhone SE, which costs $429 and would undercut it. Apple faced this same problem last year and resolved it by killing the iPhone 11. The iPhone 13 mini, the smallest phone in the current lineup, is also likely headed for retirement. Its $599 starting price would be taken over by the iPhone 13 in standard size, which will drop to that same level.

One change that affects the entire non-SE lineup is the elimination of the 64GB storage tier. Starting with the iPhone 15 generation, nearly every model will begin at 128GB of storage, a doubling of the base capacity. The iPhone SE will remain the exception, still available with 64GB. This move simplifies Apple's options and gives buyers more usable space out of the box, though it also means less differentiation between storage tiers at the entry level.

The resulting lineup, if these expectations hold, creates a clearer path for different types of buyers. Someone with a tight budget gets the SE at $429. A buyer wanting a full-size phone without breaking the bank can choose the iPhone 13 at $599 or the iPhone 14 at $699. The iPhone 14 Plus, at $799, offers a larger screen at that same price. The new iPhone 15 and 15 Plus, also starting at $799 and $899 respectively, bring the faster A16 chip and whatever camera or design improvements the new generation brings. Then there's the Pro tier, where the price gap widens significantly.

What this means for shoppers is a window of opportunity. Carriers and retailers will adjust their pricing to match Apple's new structure, and used iPhone prices will shift as well. If you've been considering an older model, waiting until after the iPhone 15 announcement could mean better deals—or it could mean missing out if inventory clears quickly. The timing of that announcement, expected in September, will determine how long that window stays open.

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