Your next iPhone might burn a bigger hole in your wallet. Analysts at Rosenblatt Securities say tariffs on Chinese imports could lead to a 30 to 43 percent price surge if Apple chooses to pass on the added costs to consumers.
Trump’s Tariff Move Could Hit Apple Hard
Former U.S. President Donald Trump has imposed fresh tariffs on multiple countries, including a steep 54 percent duty on Chinese goods. With most iPhones still made in China, Apple has limited options — either absorb billions in losses or hike prices. The company’s shares reacted sharply, plunging 9.3 percent on Thursday, the worst drop since March 2020.
Price Hikes Could Impact Sales and Market Share
The impact could be dramatic. The $799 iPhone 16 may rise to $1,142, while the $1,599 iPhone 16 Pro Max could approach $2,300. Even the more affordable iPhone 16e, priced at $599, could cost around $856 post-tariff. Analysts warn that such sharp hikes could slash consumer demand and hurt Apple’s market share — especially as Apple Intelligence features have not impressed buyers.
Samsung Set to Gain From Lower Tariffs
With lower tariffs on South Korea, Samsung could benefit significantly. Unlike Apple, which still relies heavily on Chinese production, Samsung may dodge the worst of the cost increase, giving it a competitive edge.
Apple’s Tariff Troubles May Cost Up to $40 Billion
“This could blow up Apple,” said Barton Crockett of Rosenblatt Securities, estimating a potential $40 billion hit. While some manufacturing has shifted to India and Vietnam, those countries also face tariffs of 26 and 46 percent respectively.
Will Apple Hold Off on Price Hikes?
Experts believe Apple may delay major hikes until the iPhone 17 launch this fall. But with costs climbing and consumer enthusiasm waning, the company faces one of its toughest pricing dilemmas yet.
All Eyes on Apple’s Next Move
With negotiations likely underway between Apple, China and the U.S. government, all eyes are on how the tech giant will respond — and whether your next iPhone will still be worth the price.
