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Jefferies Forecasts $50 Price Hike for iPhone 17 Lineup

Jefferies says surging component expenses from new U.S. tariffs justify the predicted jump ahead of Apple’s September event.

Overview

  • Jefferies analyst Edison Lee predicts a $50 increase for each iPhone 17 model to help offset rising component costs and China tariffs.
  • A 9to5Mac report indicates the base iPhone 17 could remain at $799, leaving the Slim, Pro and Pro Max variants subject to the full $50 bump.
  • Under the projection, the iPhone 17 Pro would start at about $1,049 and the Pro Max at roughly $1,249.
  • Jefferies maintained a Hold rating on AAPL stock after citing strong Q2 2025 iPhone sales and a 22% year-on-year equipment growth at U.S. carriers.
  • Apple has not confirmed any pricing changes and is expected to unveil official costs at its annual September launch event.