Apple iPhone prices could see significant increases due to tariffs imposed by U.S. President Donald Trump on several countries, considering that most iPhones are manufactured in China or India. According to a Reuters article, iPhones could become up to 40% more expensive if Apple passes the costs on to consumers.
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The cheapest Apple model recently released, the iPhone 16e, is currently sold for $599 but could go up to over $900. Meanwhile, the most expensive model, the Apple iPhone 16 Pro Max—with a 6.9-inch display and 1 terabyte of storage—is currently priced at $1,599 but could reach around $2,300.
| Current Prices for iPhone | |||
| iPhone | Space | Price | Price/month (24 mo) |
| iPhone 16e | 128GB | $599 | $24.95 |
| iPhone 16e | 256GB | $699 | $29.12 |
| iPhone 16e | 512GB | $899 | $37.45 |
| Iphone 16 with 6.1 inch Display | 128GB | $799 | $33.29 |
| Iphone 16 with 6.1 inch Display | 256GB | $899 | $37.45 |
| Iphone 16 with 6.1 inch Display | 512GB | $1,099 | $45.79 |
| Iphone 16 Plus with 6.7 inch Display | 128GB | $899 | $37.45 |
| Iphone 16 Plus with 6.7 inch Display | 256GB | $999 | $41.62 |
| Iphone 16 Plus with 6.7 inch Display | 512GB | $1,199 | $49.95 |
| Iphone 16 Pro with 6.3 inch Display | 128GB | $999 | $41.62 |
| Iphone 16 Pro with 6.3 inch Display | 256GB | $1,099 | $45.79 |
| Iphone 16 Pro with 6.3 inch Display | 512GB | $1,299 | $54.12 |
| Iphone 16 Pro with 6.3 inch Display | 1TB | $1,499 | $62.45 |
| Iphone 16 Pro Max with 6.9 inch Display | 256GB | $1,199 | $49.95 |
| Iphone 16 Pro Max with 6.9 inch Display | 512GB | $1,399 | $58.29 |
| Iphone 16 Pro Max with 6.9 inch Display | 1TB | $1,599 | $66.62 |
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Tariffs on China are expected to reach 54%, which will directly impact the price of Apple phones manufactured there, while the tariff on India will be 26%, but less than 15% of iPhones are currently built in India.
What should you do, buy now an iPhone or wait?
If you need a new phone immediately, then the answer is yes, considering that prices are expected to go up, but if you want the next-gen model, then you should wait, the new iPhone 17 will likely launch around September 2025.
You can also consider some advice on how to save money on your next an iPhone purchase. One way to pay less is to trade-in you old phone or choose the 24 months financing from Apple. If you can wait, then during the Black Friday Sale Event you can get up to $200 OFF in Apple Gift Cards for your purchase.
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Other analysts believe Apple would need to raise iPhone prices by 30% to offset the import taxes.