US Edition
iPhone could triple in price to $3,500 if they’re made in the US, analyst warns
- Since President Trump's inauguration in late January 2025, Apple has faced tariffs on imports from China, affecting its iPhone production and U.S. Sales.
- These tariffs, currently set at 30% down from a previous 145%, have prompted Apple to announce a $500 billion investment in U.S. Production over four years to reduce reliance on China.
- Despite this, about 90% of iPhones are still made in China, and shifting production faces complex supply chain challenges that could triple iPhone costs if moved to the U.S.
- Apple CEO Tim Cook revealed that tariffs could increase the company’s expenses by $900 million this quarter, and analysts caution that these additional costs may force Apple to raise iPhone prices beyond the current $1,000 mark.
- The tariffs have caused a 14% drop in Apple shares due to supply chain concerns, while U.S. Ports expect higher activity as retailers adjust to the new tariff rates.
28 Articles
28 Articles
Are US Buyers Prepared to Spend $3,500 on a Domestic iPhone?
Digital Phablet Are US Buyers Prepared to Spend $3,500 on a Domestic iPhone? Apple and the Call for U.S. Manufacturing: An Overview Image Caption: A customer showcases the new green Apple iPhone 13 Pro right after its release at the Apple Store on 5th Avenue in Manhattan, New York City, on March 18, 2022. — Reuters NEW YORK/WASHINGTON: President Donald Trump has expressed a desire for Apple to produce iPhones in the United States. However, exper…
iPhone Price Can Triple if It Is Produced in the US, Analysts Say
US President Donald Trump stated that "work and factories will return with force" since their tariff programme was announced in the "Freedom Day" last month. But there is a product that the President is particularly concerned about producing in the US: iPhones.
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