US President Donald Trump on Wednesday Announced The steep tariffs will be implemented for imports from many countries starting from 9 April. Tariffs may have a significant impact on Apple, as the company assembles most iPhones in China, and products imported from China to the US will be subject to 54% tariffs.
According to analysts of Equity Research firm Rosenbalat Securities, the prices of iPhone in the US may rise by 43% due to tariffs.Through Roots,
Depending on that prediction, the top-of-the-line iPhone 16 Pro Max model with 1TB can increase from $ 1,599 to about $ 2,300 in the US, Apple should actually follow with an increase in prices of 43% to offset the cost of tariffs.
At the other end of the iPhone lineup, the cheapest iPhone 16E model will increase from $ 599 to over $ 850 with a price increase of 43%.
An iPhone 16 Pro with 256GB storage can increase from $ 999 to more than $ 1,400.
According to Neil Shah of Counterpoint Research, Apple will need to increase its prices at least 30% to offset the tariff.
Apple has not yet publicly commented on tariffs, so it is not clear whether the company will actually increase prices, or if it will become creative and find alternative ways to offset the impact. It is also not clear that if the iPhone 16 model will increase the price, or if Apple will just set high prices on the iPhone 17 model from Gate-Go later this year.
The stock price of Apple is about 15% below since the announcement of the employed tariff by Trump.
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