New York, USA – Consumers gree to prepare for serious price jump for iPhones and other tech products as President Donald Trump don announce new tariffs wey go affect goods wey dem import from China. Experts dey warn say this tariff go carry serious sticker shock for buyers as e fit make some phones gree 40% expensive.
Analysts believe say if the recently announced tariffs remain, Apple fit increase prices for their iPhones by a significant amount wey even fit reach $800 for the base model. This go affect phones from other brands and tech gadgets too, as most manufacturers dey rely on Chinese parts and production.
According to Canalys analyst Jack Leathem, “Apple go face serious challenges to manage their inventory.” With about 90% of their iPhone production dey happen for China, those tariffs wey affect imported goods go bring price increases for American consumers fast-fast. “I think Apple will face plenty pain, and that pain go mean more price rises,” he yarn.
As e be, Apple don dey store iPhones for US, but the way tariffs dey go, dem fit need to adjust how dem dey produce and release their new products. Apple no give comments about the possibility of getting tariff exemption like before, but consumers dey fear as the price fit rise before the expected iPhone release date for September.
Ryan Reith from IDC explain say demand from consumers go determine how fast inventory go finish. According to am, “The price increases we go dey see go hit all phones from Apple and others if inventory don finish.” He note say as of now, Apple get enough stock to last 4 to 6 weeks, but after that, e go depend on how tariffs dey pose for future.
Recent statistics show say over 55% of phone buyers for the US dey use installment plans to buy their devices. This go fit ease some financial burden if Apple and carriers decide to absorb some of the added costs.
Meanwhile, the White House don express hope say production fit shift to the US, but experts dey skeptical about how realistic that plan be. Willy Shih, professor for Harvard, talk say labor cost for US go almost double am if Apple decide to build iPhones inside America.
“The reality be say many components still dey come from Asia, and even if Apple start assembling in the US, the cost go still go up if dem no fit source everything locally,” he said. Even if dem fit make some iPhones for America, building new factories go take plenty time and resources, plus finding workers for those jobs go another wahala.
Bank of America analyst add say the added expenses wey come with locally made iPhones fit increase total cost by about 20%, leaving consumers to face higher prices than what dem dey used to.
The uncertainty wey dey surround this tariff policy go create serious ripple effects on the tech market. As Trump tariffs dey loom, iPhone 17 prices fit depend on wetin dem do next. Analysts believe say how all these go pan out go heavily rely on whether Apple fit negotiate exemptions for their products or whether those harsh tariffs stay in place.
