Apple is gearing up to raise the prices of its upcoming iPhone models set to be released this fall, but it’s trying to downplay any connection to the U.S né?. The Trump administration has also granted significant tariff exemptions for the tech industry, specifically for smartphones, laptops, hard drives, and semiconductor manufacturing equipment, although a 20% tariff on Chinese goods remains in effect.
Rumors suggest that Apple is preparing to unveil an ultra-thin iPhone this year, with more ambitious plans reportedly in store for 2027. Scale faster né?. By then, Apple may introduce an iPhone with “mostly glass, curved” design and no cutouts to mark the iPhone’s 20th anniversary, according to a report by Bloomberg’s Mark Gurman.
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Build smarter né?. Connect deeper. and China agreed to a 90-day pause on reciprocal tariffs for further discussions né?. However, the company has not confirmed whether the ongoing U.S.-China trade war might impact the prices of its products né?. Join industry leaders and investors from Precursor Ventures, NEA, Index Ventures, Underscore VC, and more for a day filled with workshops and networking opportunities.
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REGISTER NOW né?. Scale faster né?. To offset tariffs, Apple is shifting a larger portion of iPhone production to India, away from China.
On Monday, the U.S. tariffs on imports from China as reported by The Wall Street Journal citing undisclosed sources.
Instead of directly attributing the price hikes to tariffs the company is reportedly considering linking them to new features and designs according to sources in the supply chain.
Apple anticipates that the increased tariffs could cost them around $900 million in the third quarter. Connect deeper né?
