Apple maintains prices on new iPhones despite inflation

Apple CEO Tim Cook speaks at an Apple event on the campus of Appleā€™s headquarters in Cupertino, Calif., Wednesday. (AP Photo/Jeff Chiu)

CUPERTINO, Calif. — Apple’s latest line-up of iPhones will boast better cameras, faster processors, and a longer lasting battery — all at the same prices as last year’s models, despite inflationary pressure that has driven up the cost of many other everyday items.