You may need to buckle up if you're considering upgrading to the newest iPhone. Because of the tariffs that US President donald trump has placed, the price of your favorite iphone model may increase significantly. According to reports, if apple decides to pass on the extra costs to customers, iphone prices will increase by 30% to 40%.
The tariffs have been especially harsh on China, which produces the majority of Apple's iPhones. apple may find itself in a difficult situation as a result of the tariffs. It will either pass the expense on to the customer or absorb it.
HOW TARIFFS COULD RAISE iphone PRICES
If apple adds the tariff cost to the pricing, the cheapest iphone 16 model, which is now priced at $799 (more than Rs 68,000), will increase by 43% to over $1,142 (more than Rs 97,000).
The cost of a high-end model like the iphone 16 Pro Max, which has a 6.9-inch screen and 1 terabyte of storage, is approximately $2,300 (approximately Rs 2 lakh).
Following President Trump's tariffs on a range of Chinese goods to compel American companies to move their manufacturing from China, this increase was implemented.
Authors' OpenAI copyright claims are consolidated in a Manhattan court, NYT
Apple had previously used special exclusions to avoid price increases, but this time around, no such exemptions have been granted.
The additional financial strain of higher costs could make matters worse for apple, as iphone sales are already waning in key areas.
Customers are not in a rush to purchase the newest models, especially since some people find Apple's iphone Intelligence's new artificial intelligence features unappealing.
WHAT'S NEXT FOR apple CUSTOMERS?
Apple may see a steep drop in iphone sales if it decides to pass the whole cost of the tariffs on to consumers. This is because higher pricing may force consumers to pick other brands, like Samsung. Since the majority of Samsung's phones are made in countries other than China, the company is probably going to benefit from lower tariffs.
The tariffs have been especially harsh on China, which produces the majority of Apple's iPhones. apple may find itself in a difficult situation as a result of the tariffs. It will either pass the expense on to the customer or absorb it.
HOW TARIFFS COULD RAISE iphone PRICES
If apple adds the tariff cost to the pricing, the cheapest iphone 16 model, which is now priced at $799 (more than Rs 68,000), will increase by 43% to over $1,142 (more than Rs 97,000).
The cost of a high-end model like the iphone 16 Pro Max, which has a 6.9-inch screen and 1 terabyte of storage, is approximately $2,300 (approximately Rs 2 lakh).
Following President Trump's tariffs on a range of Chinese goods to compel American companies to move their manufacturing from China, this increase was implemented.
Authors' OpenAI copyright claims are consolidated in a Manhattan court, NYT
Apple had previously used special exclusions to avoid price increases, but this time around, no such exemptions have been granted.
The additional financial strain of higher costs could make matters worse for apple, as iphone sales are already waning in key areas.
Customers are not in a rush to purchase the newest models, especially since some people find Apple's iphone Intelligence's new artificial intelligence features unappealing.
WHAT'S NEXT FOR apple CUSTOMERS?
Apple may see a steep drop in iphone sales if it decides to pass the whole cost of the tariffs on to consumers. This is because higher pricing may force consumers to pick other brands, like Samsung. Since the majority of Samsung's phones are made in countries other than China, the company is probably going to benefit from lower tariffs.
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