A $2,300 Apple iPhone? Trump tariffs could make that happen.
April 3 (Reuters) - Your favorite iPhone could soon become much pricier, thanks to tariffs.
iPhones could be among the hardest hit, analysts said on Thursday, with increases of 30% to 40% if the company were to pass on the cost to consumers.
Most iPhones are still made in China, which was hit with a 54% tariff. If those levies persist, opens new tab has a tough choice: absorb the extra expense or pass it on to customers.
Shares of the company closed down 9.3% on Thursday, hitting their worst day since March 2020. Apple sells more than 220 million iPhones a year; its biggest markets include the United States, China and Europe.
MORE: https://www.reuters.com/technology/will-trump-tariffs-make-apple-iphones-more-expensive-2025-04-03/
I bought a Pro 16 last autumn, updating from a 10XR Apple had stopped supporting. Glad I did.
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