Apple iPhone price rises: Fallout of Liberation Day: Donald Trump’s tariffs can be 10% per day, while Apple tanks 10% per day, while angry consumers threaten boycott
What happens to iPhone?
Analysts say that most of the iPhones are still made in China due to new tariffs and are expected to become more expensive. According to the Daily Mail, experts claim that today’s 256GB iPhone 16 Pro will drop to $3,500 if Apple has to move production to the United States. Although Apple keeps production in China, according to the report, the cheapest iPhone 16 model released in the U.S. is priced at $799 and up to $1,142, according to the report.
Could this be the end of iPhone loyalty?
Potential price increases have irritated tech enthusiasts. According to the Daily Mail, some users have even vowed to abandon Apple’s products altogether, with more and more fans claiming that competitors like Samsung have lower tariffs than Apple’s Chinese manufacturing hub.
Apple fans responded: “Goodbye iPhone, hello Samsung.” The report quoted when another person claimed that “Trump’s mastery promotes Android phones”, another person added that “only purchased Samsung issues.”
Customers suffer
Wedbush analyst Dan Ives called the possible economic harm “undescribable”, saying tariffs would bring the U.S. tech sector “back to a decade” as China continues to build its technological advantages. Ives claims that with Taiwan’s 32% tariffs to 54% in China, the price of each technology product will rise by 40% to 50%, with consumer costs for electronic products every day higher.
Potential price
If Apple passes these prices to consumers, the cost of the iPhone could become so expensive that many people can’t achieve. Analysts at Rosenblatt Securities predict that the cheapest iPhone 16 will drop to $1,142 from its current $799, up nearly 3% at the price of daily mail. They also claim that if the rising costs are passed to consumers, the iPhone 16 Pro Max will cost $1599 and $1599, and about $2,300.
High production costs in the United States
According to the report, Techinsights analyst Wayne Lam explained that the cost of iPhone assembly is about $30, but that would increase tenfold if production is transferred to the United States. While Apple has been transferring some production to Vietnam and India, most iPhones are still made in China, but even in Vietnam, Vietnam is 46% and India’s daily sea towers and reports 26% daily in Vietnam. Neil Shah, co-founder of Counterpoint Research, claimed that the company’s price could increase its price by at least 30% on average to offset import duties, the report said.
Apple may face trouble
“Our quick math on Trump’s tariff liberation day shows that this could blow up Apple and could cost companies up to $400 billion,” Rosenblatt Securities wrote. It also mentioned that negotiations between Apple, China and the White House may be possible, according to the report.
How Apple handles the situation
But Angelo Zino, an equity analyst at CFRA Research, claims it is difficult for Apple to pass more than 5% to 10% of its costs to consumers. “We hope any significant increase on Apple’s phones will be until the iPhone 17 starts launching this fall, because that’s usually the way to handle planned price increases,” Zino said.
FAQ
Why is the iPhone price triple?
New tariffs on Chinese exports could significantly increase the cost of iPhones, especially if Apple transfers production to the United States, according to the Daily Mail.
How much does the iPhone 16 Pro cost now?
If production is transferred to the U.S., the 256GB iPhone 16 Pro could rise to $3,500, according to experts.
