Apple Inc.'s (NASDAQ:AAPL) upcoming iPhone 15 series will come with a price shock. The top-tier iPhone 15 Pro Max will burn a bigger hole in your pocket as it's planning to add a new periscopic lens to the camera debuting in its next flagship smartphone.

What Happened: Apple is said to launch the iPhone 15 Pro Max at a slightly higher base price when compared to its predecessor, according to Haitong International Securities' tech analyst Jeff Pu.

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Pu underlined that the iPhone 15 Pro Max will be priced higher than the iPhone 14 Pro Max, which starts at $1,099. This will be the first price hike for Apple's top-end ‘Pro Max' branded iPhone since it was first introduced in 2018 – the base variant of the iPhone XS Max was also launched at $1,099.

Apple has since then retained the starting price of the ‘Pro Max' iPhone at $1,099, but this year could be different. While Pu does not mention the new starting price, some rumors suggest that Apple could hike the price by $200. This would mean that the iPhone 15 Pro Max could start at $1,299.

iPhone 15 Pro Max Features: What To Expect?

The headline addition to the iPhone 15 Pro Max could be a new periscope lens. The upcoming iPhone flagship is expected to feature a triple camera setup on the back with a the new lens system.

Using a periscope lens system would allow Apple to achieve superior lossless zoom at levels like 5x or higher when compared to a traditional system.

The iPhone 15 series is expected to feature a USB Type-C port, Dynamic Island, and an improved modem from Qualcomm, among other things.

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