U.S. tariffs imposed under President Trump may drive up the prices of iPhones significantly, analysts report, with potential increases of 30%-40% if Apple passes these costs on to consumers. With most iPhones manufactured in China and hit with a 54% tariff, Apple faces challenging choices on how to manage costs. Following the tariff announcements, Apple shares fell 9.3%, signaling concern among investors regarding the consequences for sales in the key markets of the U.S., China, and Europe. Models like the iPhone 16 could see substantial price hikes, drastically affecting consumer purchases.
U.S. President Donald Trump's sweeping tariffs on imports could lead to significant price increases for iPhones, with potential rises of 30% to 40% for consumers.
Analysts warn that with most iPhones still manufactured in China facing a 54% tariff, Apple may face tough decisions to absorb costs or pass them onto customers.
Apple shares plummeted 9.3% after tariff announcements, reflecting investor concern over potential price hikes and their impact on Apple's massive global sales of over 220 million iPhones annually.
The cheapest iPhone 16 model could rise to $1,142 from $799, while the high-end iPhone 16 Pro Max could soar to nearly $2,300 from its current $1,599.
Collection
[
|
...
]