$2,300 iPhone 16 Pro Max on the Horizon: Analysts Predict Steep Price Hike Due to Tariffs

According to analysts at Rosenblatt Securities, the new tariffs on US imports could significantly increase the price of Apple’s iPhone 16 series. Early estimates suggest that the cheapest model, currently priced at $799, might cost up to $1,142 with a potential 43% increase. Similarly, the high-end iPhone 16 Pro Max, which retails for $1,599, could soar to nearly $2,300 if the full tariff impact is passed on to consumers. These projections are based on the assumption that Apple will not receive exemptions and does not have enough stockpiled products to mitigate the price hike in the short term. The article highlights the uncertainty surrounding these tariffs and their potential impact on consumer prices.