Title: iPhone Prices Would Surge If Made In The U.S., New Report Reveals — Should You Buy?
A recent report by Bank of America analysts suggests that if Apple were to move iPhone assembly to the United States, it would almost double the cost of production. According to Wamsi Mohan, leading the analysts, the labor cost alone in the US could increase the iPhone’s price by 25%. This is not all, as a significant portion of parts used in manufacturing would still be assembled in China and imported to the US. This would lead to additional costs, resulting in a total cost rise of over 90% or more.
In light of this report, it may be wise for potential buyers to reconsider their purchasing plans. While some have predicted that iPhone prices could surge as high as $3,500, these numbers seem to be exaggerated and based on incomplete information. It’s likely that Apple won’t pass on the full cost increase to consumers, opting instead to reduce its profit margin.
Furthermore, the company may work with supply chain manufacturers to drive down costs or shift some production to countries with lower tariffs. Additionally, Apple is likely seeking exemptions from the US government. With all these factors in mind, it’s unlikely that prices will rise as drastically as predicted.
If you were planning on buying an iPhone now, it may be beneficial to hold off and wait for a potential price drop or the release of new models. Remember that there are often discounts available when older products are discontinued, so keeping this in mind could save you money.
Source: https://www.forbes.com/sites/davidphelan/2025/04/10/apple-iphone-panic-buying-reported-before-possible-price-rises—should-you-buy/