Apple iPhone 16: Estimated price, rumored specs & more

Anurag Singh
iPhone 15 Pro max colors

iPhone 16 might be months away but there’s no shortage of leaks and rumors. Here are all the rumors you need to know about Apple’s upcoming smartphone.

Apple announced the iPhone 15 series back in September 2023 with many new changes. The iPhone 15 Pro and Pro Max models received bigger upgrades than the non-pro phones. Titanium and the new A17 Pro chip became the main highlight of the iPhone 15 series.

The upcoming iPhone 16 lineup could bring even better features. While there’s still time for the official debut, leaks and rumors already give us a good idea of what to expect from the upcoming iPhones.

Apple could bump up the screen sizes of the Pro models and revamp the design of all four iPhones. A new chipset may debut with the iPhones alongside changes in the display technology.

If the rumors are to be believed, the iPhone 16 will also come loaded with AI features and offer improved camera performance. Here’s everything we know about the iPhone 16 series, including its rumored price, release date, and more.

iPhone 16 release rumors

We expect the iPhone 16 to release in September 2024. Apple always sticks to its routine with iPhone launches. The iPhone 15 came out on September 12, 2023, the iPhone 14 was revealed on September 16, 2021, and the iPhone 13 dropped on September 14, 2021. So, it’s pretty likely that we’ll see the iPhone 16 sometime in September 2024. But, Apple hasn’t confirmed the exact date yet.

iPhone 16 price speculation

Nikkei Asia reported that the production costs for the iPhone 15 were higher than those of last year’s iPhone 14 models. However, Apple absorbed these increased costs to maintain the same prices as the iPhone 14 series. The company may pass on this price increase to consumers with the iPhone 16 lineup.

For reference, the base model of the iPhone 15 in the US starts at $799, and the iPhone 15 Plus starts at $899. The iPhone 15 Pro kicks off at $999, while the top-of-the-line iPhone 15 Pro Max costs $1,199.

iPhone 16 design & display

2024 could be the year of changes for the iPhones. Apple could introduce a new button on their smartphones, called the “capture button”. According to a previous report, the capture button will likely be positioned below the power button on the right side of the device.

Apple is reported to have moved the mmWave antenna to the left to make room for the new button. You may also see solid-state technology on the iPhone 16’s action button, something that was previously rumored for the iPhone 15.

The vanilla iPhone 16 might undergo a design revamp, possibly taking cues from the iPhone X with vertical camera lenses like the iPhone 12. Whether this design tweak will also extend to the iPhone 16 Plus remains unclear.

Numerous reports, including one from tipster Majin Bu, suggest the Pro models are also going to get a redesign. Bu has shared that the iPhone 16 Pro and Pro Max might have a new triangular camera module with fused camera sensors. However, take this leak with a pinch of salt.

The Pro iPhones may get an increase in screen size, as reported by MacRumors. The iPhone 16 Pro could rock a 6.27-inch display (rounded to 6.3 inches), while the iPhone 16 Pro Max might go even bigger with a 6.85-inch display (rounded to 6.9 inches).

Apple may also use new micro-lens tech on the display for improved brightness and reduced power consumption.

iPhone 16 camera specs speculation

iPhone 15 Pro Max

The cameras on the iPhone 16 and iPhone 16 Plus are expected to see no major changes. The iPhone 16 Pro and Pro Max, on the other hand, could see big improvements.

They could include an improved 48-megapixel ultra-wide lens, meaning improved images even in lower lighting conditions. The iPhone 16 Pro could also get a 5x telephoto lens, which is currently limited to the Pro Max model.

Rumors of a ‘super telephoto periscope camera‘ for iPhone 16 Pro Max have also been making the rounds, suggesting that the phone would boast higher zoom capabilities.

iPhone 16 rumored specifications

All four iPhone 16 models are expected to get new chipsets but they’ll not be the same. The Pro models are expected to be powered by A18 Pro based on TSMC’s 3nm process node. It’s too early to tell what kind of improvements it will bring over iPhone 15 Pro’s A17 Pro chip.

The chip situation is quite confusing for the iPhone 16 and 16 Plus, though. The smartphones could use an A17 chip manufactured on TSMC’s inferior N3E process. This could help Apple keep the costs in check.

However, analyst Jeff Pu says the non-pro iPhones will be powered by an A18 chip with one less GPU core than the A18 Pro chip.

iPhone 15 in all colors

TF Securities analyst Ming-Chi Kuo says the iPhone 16 Pro models will be getting new Wi-Fi 7 technology, while the iPhone 16 and 16 Plus are reported to feature Wi-Fi 6E. The non-Pro iPhones may, however, receive a RAM boost to 8GB.

The battery capacities for the iPhone 16 and 16 Plus might stay unchanged from the iPhone 15 series. However, the iPhone 16 Pro models might adopt stacked battery technology, potentially offering higher capacity and longer lifespan. They could also feature faster 40W wired charging and 20W MagSafe charging.

The iPhone 16 series is rumored to bring a ton of AI features. Reports suggest that Apple will supercharge Siri with Generative AI, and other AI features might also make an appearance. Apple seems determined not to lag behind the Samsung Galaxy S24 series in this regard. The new iPhones will run iOS 18, which Bloomberg reports will be one of the biggest iOS updates to date.

Is the iPhone 16 series worth waiting for?

As we mentioned earlier, 2024 could be the year of change for the iPhones. If the rumors are to be believed, the iPhone 16 lineup is shaping up to be a significant upgrade. However, the non-Pro iPhones are still expected to receive only mediocre updates.

You might want to wait and see what’s in store if you are using one of the latest iPhones. Older iPhone users should consider getting the iPhone 15 models. They won’t be missing out on much.

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About The Author

Anurag is a Tech writer at Dexerto. He is an expert in laptops, smartphones, and wearables. Anurag has previously covered major brands like Apple, Samsung, and Microsoft. He's previously written for publications like Android Police, Neowin, MakeTechEasier, Gizmochina, and more. Get in touch at Anurag.singh@dexerto.com.