The tariff imposed by US President Donald Trump can become a headache for the people, because the tariff may increase the price of Apple iPhone. The company has two ways, the first way can bear the weight of the company tariff itself or the second way the company can put this weight on the customers. If Apple puts the weight of tariff on customers, then iPhone prices are likely to increase by 40 percent.
According to the rogenblat security, Apple company’s top flagship model can reach $ 2300 (about Rs 196014). Most of the iPhones sold in the US are ready in China, Apple sells 220 million iPhones every year and the company’s largest market is the US, China and Europe.
How expensive the cheapest iPhone will be?
According to media reports, Apple launched the cheapest iPhone 16E in February for $ 599 (about Rs 51054), but if 43 percent tariff is charged, then the price of this phone can reach $ 856 (about Rs 72959).
The current price of the cheapest iPhone 16 is currently $ 799 (about 68100 rupees) but the analyst of Rosenblat Securities has estimated that the cost of this variant can reach $ 1142 (about 97335 rupees).
What will happen on customers?
If the company puts the burden of tariffs on the customers, then it can see a decline in the company’s sales. In many major markets, the sale of Apple company is already running sluggish because the company’s Apple Intelligence features have not been able to impress people much, in such a situation, if the weight of tariffs also falls on the customers, then people can switch. After the price hike, customers can turn to Samsung and other companies.