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iPhone 18 Pro Costs More to Make, Apple May Cut Profits to Keep Price Down

black iphone 7 with white and black dice
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Apple's next flagship phone, the iPhone 18 Pro, is reportedly expensive to manufacture, according to industry reports.

The high production cost could push Apple to reduce its margins instead of raising the retail price too much.

A margin is the amount of profit a company makes after covering production costs. Cutting margins means Apple would earn less on each unit sold.

This approach would let Apple keep the iPhone 18 Pro's price closer to previous models, even though it costs more to build.

The phone is expected to launch in September, following Apple's usual yearly release schedule.

There have also been rumors of a possible price increase across Apple's product line, though nothing has been confirmed.

Meanwhile, the current model, the iPhone 17, is holding steady in price. Its 256GB version is still listed at 889 euros on Amazon.

This stability suggests Apple may be trying to avoid alarming customers before the new model's release.

Rising component and manufacturing costs have been a growing challenge for smartphone makers in recent years.

Analysts will be watching closely to see whether Apple absorbs the extra costs itself or eventually passes them on to buyers.

For now, consumers are left waiting for official pricing details, expected closer to the September launch event.

Vocabulary10 words

flagship
a company's best and most important product
manufacture
to make products, often in large amounts
margin
profit left after paying all costs
retail price
the price customers pay in a shop
rumor
information people share that is not officially confirmed
component
a small part used to build something
launch
the moment a new product becomes available
absorb (costs)
to pay for extra costs without passing them to others
analyst
a person who studies information to give expert opinions
consumer
a person who buys and uses products

Quiz

1. Why might Apple reduce its margins on the iPhone 18 Pro?
2. What does 'cutting margins' mean for Apple?
3. What is the current price of the iPhone 17 256GB on Amazon, according to the article?

Fill-in-the-blank listening

Play the audio again and fill in the missing words as you listen.

Apple's next flagship phone, the iPhone 18 Pro, is reportedly expensive to _____, according to industry reports.

The high production cost could push Apple to reduce its _____ instead of raising the retail price too much.

A margin is the amount of _____ a company makes after covering production costs.

This approach would let Apple keep the iPhone 18 Pro's price closer to _____ models.

The phone is expected to _____ in September, following Apple's usual yearly release schedule.

There have also been _____ of a possible price increase across Apple's product line.

The current model, the iPhone 17, is holding _____ in price.

Its 256GB version is still listed at 889 euros on _____.

Rising component and manufacturing costs have been a growing challenge for smartphone _____ in recent years.

For now, _____ are left waiting for official pricing details.

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iPhone 18 Pro Costs More to Make, Apple May Cut Profits to Keep Price Down - Practice English with News