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Apple raised iPhone prices in Japan by 8-11%, which can boost revenue and margins in yen terms.

Apple has raised the selling prices of iPhones in Japan. The standard model of the latest iPhone 17 series, released last September, saw a price increase of 10%, or 13,000 yen, for the minimum storage capacity, bringing the 256-gigabyte model to 142,800 yen. The higher-end iPhone 17 Pro starts at 194,800 yen, an 8% increase for the minimum capacity; the iPhone 17 Pro Max is up 10%; the thin iPhone Air is up 11%; and the budget iPhone 17e starts at 107,800 yen, an 8% increase. Selling prices in the United States remain unchanged, possibly reflecting the historically weak yen, which has been trading around 162 yen to the dollar.
Apple Inc.Apple raised iPhone prices in Japan by 8-11%, which can boost revenue and margins in yen terms.