Apple hasn't raised iPhone prices by much over the years, but that might change soon. President Donald Trump just announced some big tariffs on imports starting April 9th. These tariffs will hit Apple hard because most of its iPhones and other products are made in China. The new tariffs could be as high as 54 percent.
Some experts think iPhone prices in the U.S. could go up by 43 percent because of these tariffs. Right now, the most expensive iPhone, 16 Pro Max, costs $1,599. But with the tariffs, that same phone might cost almost $2,300. That's only if Apple decides to raise prices to make up for the extra costs.
Apple has to figure out what to do next. They could make customers pay the full tariff or make less profit on each phone. Both of those options seem pretty unlikely. Apple's stock prices have already fallen by 15 percent since Trump announced the tariffs.
The customers will really feel the pain. Even the cheapest iPhone, the 16e, will probably cost more. It usually sells for $599, but with a 43 percent price hike, it could cost $850. That's not very budget-friendly anymore. The base iPhone 16 Pro could go from $999 to $1,400.
One researcher says Apple would have to raise prices by an average of 30 percent to handle the tariffs. Apple hasn't said anything about this yet. We don't know if they'll raise prices on the current iPhone 16 lineup or wait until the new iPhone 17 comes out later this year. We'll keep an eye out for any news on this tough situation.
Some experts think iPhone prices in the U.S. could go up by 43 percent because of these tariffs. Right now, the most expensive iPhone, 16 Pro Max, costs $1,599. But with the tariffs, that same phone might cost almost $2,300. That's only if Apple decides to raise prices to make up for the extra costs.
Apple has to figure out what to do next. They could make customers pay the full tariff or make less profit on each phone. Both of those options seem pretty unlikely. Apple's stock prices have already fallen by 15 percent since Trump announced the tariffs.
The customers will really feel the pain. Even the cheapest iPhone, the 16e, will probably cost more. It usually sells for $599, but with a 43 percent price hike, it could cost $850. That's not very budget-friendly anymore. The base iPhone 16 Pro could go from $999 to $1,400.
One researcher says Apple would have to raise prices by an average of 30 percent to handle the tariffs. Apple hasn't said anything about this yet. We don't know if they'll raise prices on the current iPhone 16 lineup or wait until the new iPhone 17 comes out later this year. We'll keep an eye out for any news on this tough situation.
