iPhone prices could triple to $3,500 if manufactured in the US
U.S. President Donald Trump’s global tariffs could lead to significant price hikes on products, including the Apple iPhone.
Tech analyst Dan Ives from Wedbush Securities warns that if iPhones were manufactured in the U.S., their price could rise to around $3,500 – more than three times the current cost of $1,000.
Ives explained that replicating the complex Asian supply chain in the U.S., including high-tech manufacturing plants, would be extremely costly. He also estimated it would take Apple about $30 billion and three years to move just 10% of its supply chain to the U.S.
Currently, 90% of iPhones are assembled in China, and their key components are sourced from Taiwan and South Korea. Apple's stock has fallen by 25% since Trump’s tariffs took effect, and experts predict that iPhone prices may rise even if the supply chain remains unchanged. Some analysts estimate price increases of up to 30-43%, depending on production locations.
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