Recent calculations make it a bit clearer how much an iPhone would cost American customers after the tariffs.
After China’s exports to the US were subject to a 54 percent tariff, countless speculations about the anticipated price of Apple iPhones began circulating online. Initial reports hinted at a potential 43 percent increase in iPhone prices due to tariffs. However, the latest calculations suggest the actual price hike might be less than expected.
As reported by CNBC, UBS analysts have estimated that a China-made iPhone 16 Pro Max, currently retailed at $1,199 in the US, might see a 30 percent price hike. While a $350 increase in price is an extra burden on the shoulders of American consumers, it’s still less than what was initially thought.