How much will the iPhone 12 cost?

Apple’s new flagship won’t come cheap.
Man holding refurbished iPhone 11

As Apple prepares to announce the iPhone 12, there’s one question on everyone’s lips – how much will it cost? If the 12’s predecessors are anything to go by, the new release isn’t exactly going to come with an entry-level price tag. After all, given the iPhone’s popularity at already budget-busting costs, Apple is unlikely to surprise us with a price drop.

The iPhone 12 lineup is expected to include four models (one more than last year): the iPhone 12, iPhone 12 Max. iPhone 12 Pro and iPhone 12 Pro Max. In terms of how they compare to the iPhone 11 lineup, the iPhone 12 is set to be a little smaller than the 11 at 5.4 inches. Those wanting a larger screen will have to upgrade to the iPhone 12 Max or iPhone 12 Pro at 6.1 inches, or the top-of-the-line iPhone 12 Pro Max at 6.7 inches.

iPhone 12 design render based on leaks

5G connectivity is available on all models, and all have the same A14 processor running iOS 14. So, what exactly will a Pro upgrade get you? Like the iPhone 11 lineup, the iPhone 12 base models have just two rear cameras, while the Pro and Pro Max boast a third, along with a larger maximum storage option.

Based on the iPhone 11’s pricing structure, along with the most recent and reputable leaks, we expect the various iPhone models to come in around the following prices:

iPhone 11 price Australia
ModelStorageUS priceAU price estimate
iPhone 1264GB$699$1,099
iPhone 12128GB$749$1,199
iPhone 12256GB$849$1,279
iPhone 12 Max64GB$799$1,199
iPhone 12 Max128GB$849$1,279
iPhone 12 Max256GB$949$1,449
iPhone 12 Pro128GB$1,049$1,749
iPhone 12 Pro256GB$1,149$1,999
iPhone 12 Pro512GB$1,349$2,349
iPhone 12 Pro Max128GB$1,149$1,899
iPhone 12 Pro Max256GB$1,249$2,149
iPhone 12 Pro Max512GB$1,449$2,449

Not keen on the massive upfront cost? When it comes to plans, the iPhone 12 will probably set you back about as much as the 11, or perhaps slightly more. Here’s how much the current iPhone 11 plans are going for.

While we can still expect a September announcement, Reuters reports we may be waiting a little longer than usual to get our hands on the new flagship thanks to a “major product delay” from Broadcom, Apple’s preferred chip manufacturer. According to Apple CFO Luca Maestri, the 12 will hit stores “a few weeks later” than the usual late September release. Most tech insiders believe this to mean we’ll see it in October, but realistically, we may be waiting even longer.

More on the iPhone 12

iPhone 12: Everything we know so far


iPhone 11: Where to get the best deal