The current administration’s tariffs could result in a massive price increase for consumer electronics.
Apple’s iPhone might see a serious price hike in response to the recent tariffs, according to a report from Rosenblatt Securities. Analysts suggest the tariffs could result in a price increase of anywhere from 30% to 40%, if Apple chooses to pass the increased costs on to consumers. Neil Shah, an analyst from Counterpoint Research, suggests Apple would need to increase prices by 30% on average, while Rosenblatt analysts say the number is closer to 43%.
To illustrate what that might look like, take a look at the current $799 price point for the iPhone 16.
