If Trump gets his way, could iPhones made in the US really cost $3,500?
By Rachel Barber, USA TODAY - May 23, 2025
https://www.usatoday.com/story/money/2025/05/23/iphones-cost-3500-made-in-america-trump/83817681007/
…. Experts disagree, however, on how much of a price increase would result from tariffs and how long it could take before Apple starts manufacturing products in the U.S.
How much will an iPhone cost?
Dan Ives, global head of technology research at financial services firm Wedbush Securities, estimates iPhones could run consumers $2,300 when tariffs are taken into account – a significant increase from Apple’s newest model’s $1,199 price tag – but a far cry from the $3,500 he estimates it would run consumers if it was made in the U.S.
Drew DeLong, who leads the Geopolitical Dynamics Practice at Kearney, a global strategy and management consulting firm, said a price increase of $100 to $200 after tariffs is more realistic.
DeLong said, “If I put myself in Apple shoes, I would be less concerned about the reciprocal tariffs, given that they’ve been told that they’re largely exempt from those,” and more concerned with the ongoing U.S. investigation into imported semiconductors, a technology largely produced overseas and needed to make iPhones. …