After Apple, Google Might Also Increase The Price Of Upcoming Pixel 8, Pixel 8 Pro
Portfolio Pulse from Ananya Gairola
Google, a subsidiary of Alphabet Inc., is reportedly considering a price increase for its upcoming Pixel 8 and Pixel 8 Pro smartphones. The Pixel 8 is expected to cost $699 and the Pixel 8 Pro $999 in the U.S. market, marking a $100 increase from the previous Pixel 7 lineup. The potential price increase follows a similar move by Apple for its iPhone 15 Pro Max. Both Google devices are scheduled to become available in retail stores on Oct. 12.
September 25, 2023 | 3:40 am
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POSITIVE IMPACT
Google's decision to increase the price of its upcoming Pixel 8 and Pixel 8 Pro smartphones could potentially impact its revenue and profitability.
The price increase could potentially lead to higher revenue and profitability for Google, assuming that the demand for the new smartphones remains strong. However, it could also deter some customers, leading to lower sales volumes.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100
NEUTRAL IMPACT
Apple's recent decision to increase the price of its iPhone 15 Pro Max is mentioned as a precedent for Google's potential price increase.
The news mentions Apple's recent price increase as a precedent for Google's potential price increase. However, it does not provide any new information that could impact Apple's stock price.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50
NEUTRAL IMPACT
Samsung is mentioned as a competitor to Google in the smartphone market.
The news mentions Samsung as a competitor to Google in the smartphone market. However, it does not provide any new information that could impact Samsung's stock price.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50