We check in with analysts for a balanced view
Donald Trump has announced sweeping tariffs on imports from major US trading partners like the EU and China
Speculators have suggested that the price of the iPhone could hit $2,300 due to the tariffs
We checked in with industry analysts for a balanced perspective
Donald Trump has announced that the US will levy sweeping tariffs on international trade that will likely affect the tech industry – with some projections suggesting a $2,300 iPhone could be on the cards.
Trump’s proposed tariffs, announced on April 3, will affect imports from a long list of countries including allies like Canada and the European Union as well as major manufacturing economies like China and Vietnam.
Across the tech industry, commentators and consumers are examining what this could mean for them, and as one might expect the news media and internet have lit up with speculation.
According to Reuters, projections from Rosenblatt Securities suggest that the price of a “high-end” iPhone could rise to $2,300 (approximately £1,800 / AU$3,800).
That’s a hefty price rise indeed, but it comes with a few very important caveats. That estimate seems to be based on the price of the iPhone 16 Pro Max with 1TB of storage, which at $1,599 / £1,599 / AU$2,149 is already the most expensive phone Apple sells. To attain a price of $2,300, Apple would have to pass on the entirety of the proposed 54% tariff levied against China to consumers.
Apple does manufacture iPhones in other south-east Asian and south Asian countries like Vietnam and India, though both of these countries have been hit with steep proposed tariffs too: Vietnam at 46% and India at 26%.
