iPhone 6 Release Date Rumors: Apple To Raise iPhone Price

iPhone 6's release may be the most anticipated tech release next year. It may come as a disappointment, then, for Apple fans to learn that the smartphone might be coming with a higher price-tag than expected. Investors Business Daily reports that the phone which will likely launch in mid-2014 but will be priced higher to offset profit losses from the iPhone 5. Susquehanna Financial Group analyst Chris Caso explained: "We see the potential for the iPhone 6 price point to move higher, to avoid the (profit) margin erosion that occurred when iPhone 5 launched."

iPhone 6 will launch with a number of new features including higher sensitivity and a larger, harder screen. However, the imporvements to the smartphone will come at a price: "When iPhone 5 was launched," Caso continues, "Apple's phone margins declined because the new features (most notably the display) added cost to the bill of materials, yet the price point of the phone remained unchanged. Since we're expecting a host of new features in the iPhone 6 (including a larger screen), we expect the bill of materials cost of the phone to increase as well."

Among other features possibly expected in the next model are a larger, curved screen made of Saphire glass and pressure sensors replacing the home screen button. Apple is said to be working on two iPhone models with screens 4.7 and 5.5 inches, making them the largest iPhones in Apple's collection.