Apple has signalled for months that customers should tighten their equipment to increase the price of their iPhones. The company’s latest release, the iPhone 17 Pro Max, comes with a 2 terabyte storage option and a price tag of $1,999, marking the iPhone when it first approaches the $2,000 mark.
Analysts emphasize that the tech giant couldn’t raise product prices unless many users are sure they’re ready to pay for it. Trustworthy sources highlight it Apple prices rise iPhone products are due to President Donald Trump’s threatening tariff policy regarding imports from China. Following this, tech experts have predicted that the price of the iPhone 17 will rise significantly as it approaches its launch this week.
Trump’s tariff policy will have a major impact on the price of iPhone products
Initially, when iPhone makers introduced the iPhone X in 2017, they not only started themselves in a race to display stylish smartphones, but also marked the existence of a new market for $1,000 smartphones.
For eight years, the price remained largely unchanged. Instead of decreasing, it increases significantly iPhone prices It has been observed. Despite inflationary pressures and technological improvements, the iPhone 17 Pro’s value starts at $1,099. In particular, this price is $100 more than its predecessor.
Furthermore, when comparing the price of the base iPhone model ($799) and the price of a similar 2017 model, the price of the current model is $100 more than the price of a similar older model.
Tech Giant has pushed the iPhone price significantly, but it is worth noting that it carefully adjusted it. To explain, Apple has increased the price of the Pro model from $999 to $1,099, reducing the impact by doubling the starting storage to 256 gigabytes.
Apart from the Pro model, the new iPhone Air, created to replace the iPhone 16 Plus, also received a $100 price increase to be valued at $999.
In response to market tensions created by Trump’s tariff policy, some Apple users rushed to buy iPhone products earlier this year, fearing the extra costs in the future. However, research from sources has revealed that tariffs have very little impact on Apple’s products.
Still, analysts emphasize that this careful approach will not last forever and that Apple will not be able to cover tariff costs forever. Furthermore, moving iPhone production from China and India does not completely solve the problem.
Despite these challenges, Apple has announced its intention to launch its first affordable iPhone in 2026. The device has the ability to compete with Google’s Alphabet Inc. and Samsung devices.
iPhone devices are set to be even higher in the future
Regarding the rise in prices for iPhone products, Apple CEO Tim Cook said he believes users can spend more money on their devices.
In the 2023 revenue call, Cook said he was willing to increase his budget to do the best he can get in the iPhone category. He said that iPhone devices are essential to individuals’ daily lives.
The CEO also pointed out the benefits that the device offers. Based on his argument, you can use your iPhone to pay, control your smart home device, track your health information, and store bank details.
Cook emphasized that Apple is working on the release of the iPhone 20, which will be released on its 20th anniversary. This new device is expected to show significant changes, as it did when the iPhone X boots up.
With the iPhone X set the standard for $1,000 smartphones, the iPhone 20 is expected to pave the way for even higher prices.
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