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Thats a hefty price rise indeed, but it comes with a few very important caveats.
We checked in with industry analysts to get a balanced view.
The tariffs were announced on April 3 by US President Donald Trump
Leaman continued: Apple typically absorbs 10-15% of shocks through margin compression and supply chain efficiencies.
That means actual price increases might be closer to 20-25%.
So were likely looking at a top-end iPhone maxing out around $1,900 by year-end.
The tariffs were announced on April 3 by US President Donald Trump
So, a $2,300 iPhone is possible, but not probable."
The interesting question is how well each company can absorb or adapt to that impact.
Kuo added: India and Vietnam are far more likely than China to secure US tariff exemptions.
Additionally, Kuo mentioned that high-end consumers may be more accepting of price increases.
This all means that a $2,300 iPhone seems like a fairly unlikely prospect at the time of writing.
Well have the latest iPhone news as we hear it via our dedicatediPhone coverage.