Investor Ross Gerber advises buying iPhone 17 ahead of expected iPhone 18 price hike
Tesla investor Ross Gerber has recommended that consumers purchase an iPhone 17 before Apple's next generation of devices launches. He highlighted that iPhone 17 prices are currently stable, a situation that may shift come September. Analysts anticipate the upcoming iPhone 18 will carry higher price tags, largely driven by rising memory costs. Despite increasing hardware prices across its product lineup, Apple has continued to see strong iPhone sales. The company also reported a notable rise in iPhone revenue during its most recent fiscal quarter.
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