The tariffs imposed during Donald Trump’s presidency could significantly raise the cost of iPhones, potentially increasing prices by up to 43%. This would mean that the base model could reach up to $2,300, leaving consumers with hefty bills for their new devices. iPhones have always been viewed as premium products with starting prices around $800 and top-tier models beginning at $1,200. However, escalating tariffs on imports threaten to make even these expensive devices far costlier.

These tariffs could disrupt the market by increasing prices across a wide range of products, further emphasizing Apple’s prominence in discussions about high-cost smartphones. Tim Cook, Apple’s CEO, has been proactive in seeking an exemption from these tariffs, a move that raises eyebrows given his significant financial support of Trump’s inauguration. Critics argue that seeking special exemptions is unfair to other companies that must comply with the same tariffs. So far, Trump has not granted this exemption, and negotiations are likely necessary to avoid sudden price hikes.

According to Rosenblatt Securities, an increase tied to these tariffs could elevate the base price of the iPhone 16 to around $1,142. The higher-end iPhone 16 Pro Max, with full features, might even reach $2,300. Such increases would equate to paying for a premium device, only to be met with lower-tier specifications, leaving consumers frustrated. While this analysis highlights the potential impacts, it is essential to underscore that these pricing scenarios depend on how Apple navigates the tariffs.

The company is likely seeking to minimize losses, given its recent stock drop of 8%, which indicates investor concerns. The outcome remains to be seen, but significant changes to iPhone pricing are on the horizon as Apple strategies unfold.