Apple can also be considered one of the most notorious companies from the technology field, also being caught in the US-China trade tension, that have intensified after a few months of the series of tariffs initiated by President Donald Trump.
The tech giant has not responded immediately to news publications' questions regarding the matter. It is also worth noting that the prices that are rising could also help Apple justify higher production tariffs, which also hampered global supply chains, as well as forced the company to shift more production to India.
Earlier this month, the tariffs were also expected to add about $900 million in costs during the April-June quarter, also leading to a majority of the iPhone units sold in the US in the period from India.
For months, analysts have also speculated that the price growth from Apple, yet they warned that such a move can also come costly in the market share, even more so than its rivals, such as Samsung, are trying to attract more customers with integration coming from artificial intelligence.
$799 was the cheapest iPhone 16 model that was launched in the US, yet future prices can lead the product to reach a $1142 price, mostly due to tariffs, per projections last month from Rosenblatt Securities, which have stated that the prices can rise up to 43%.
It is also worth noting that the report made by the Wall Street Journal also mentioned that Apple can also be integrating some new features that can justify the price increase, one of the new features being an ultrathin model.
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