Apple fans are in for a big change with the upcoming iPhone 17. Analyst Jeff Pu from GF Securities suggests these models could be pricier than the iPhone 16. Why? The U.S. has imposed tariffs on imports from countries like China and India, where the iPhone is assembled. Right now, Apple faces a 20% tariff for iPhones coming from China, but imports from India are tariff-free.
CEO Tim Cook recently mentioned that most iPhones sold in the U.S. are now sourced from India. Wall Street estimates suggest the iPhone 17 could cost between $50 to $100 more than the iPhone 16. However, this is just speculation. Apple may cleverly offset price hikes by increasing the base storage of the Pro model from 128GB to 256GB.
Historically, the starting price for the Pro model has held steady at $999 since the iPhone X debuted in 2017. Despite ongoing rumors of price increases, Apple has managed to maintain this price point. However, as the market changes, nothing remains constant forever.
Interestingly, user reactions show mixed feelings. Many fans share their thoughts on social media, expressing a mix of excitement and concern over potential price hikes. Some users even question how long Apple can keep prices in check amid rising costs.
As we await the iPhone 17 launch, experts and users alike will be watching closely. With September around the corner, the tech community is buzzing with anticipation, wondering how Apple will navigate these changes.
For more on how tariffs impact tech pricing, check out this report from The Wall Street Journal.
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iPhone 17, iPhone 17 Air, iPhone 17 Pro, Jeff Pu