Overview
- Apple is reportedly considering raising prices for its upcoming iPhone lineup, citing new features and design upgrades as justification.
- The company is determined not to publicly attribute the price increases to U.S.–China tariffs, which have significantly impacted production costs.
- A temporary reduction in U.S.–China tariffs, cutting rates to 30%, has provided short-term relief but does not eliminate the financial strain on Apple.
- Apple plans to source the majority of U.S.-bound iPhones from India, though high-end models will continue to be manufactured in China due to infrastructure limitations.
- Apple's stock surged nearly 6% following the tariff rollback announcement, though analysts warn price hikes could risk market share amid competition from rivals like Samsung.