Trump’s customs duties can increase iPhone prices!

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Trump’s customs duties can increase iPhone prices!
The last day, Donald Trump’s customs duties because of the Acer’s products that plan to make a 10 %increase. Analysts say that these taxes will also affect Apple and may have to raise their products.

Apple can increase its products by 9 %

Bank of America Analyst Wamsi Mohan predicts that Apple’s Trump tariffs will need to increase a price of 9 %to all products, including iPhone to compensate for the harmful effects of Trump tariffs and at the same time to compensate for a possible shrinkage in sales volume throughout the year.

Mohan says that if Apple does not reflect the increasing costs to its customers, it may decrease by 3.1 %in the 2026 calendar year. Alternatively, if Apple brings a price increase of 3 %, it estimates that this increase may cause a decrease of 2.4 %in earnings. It predicts that higher price increases can cause Apple to sell 5 %less devices.

Although it is not known how Apple will follow, tax increases are expected to have a negative impact on Apple’s revenues.