iPhone panic-buying hits Apple Stores, but tariff impacts may not be as bad
as feared

Date:
Tue, 08 Apr 2025 10:06:56 +0000

Description:
Trumps tariffs are prompting worried buyers to snap up iPhones in huge
numbers before prices rise.

FULL STORY ======================================================================Presiden t Trumps tariffs could lead to higher iPhone prices This appears to be
causing customers to panic-buy Apple products But one analyst report says the rises might not be as bad as feared

Trumps tariffs are already having an effect, but its unlikely to be one that the US President had anticipated. According to a report from Bloomberg ,
Apple customers are panic-buying iPhones ahead of what they fear could be steep price hikes.

Bloomberg cited Employees from different Apple locations across the country who reported that Apple Stores were filled with customers over the past weekend.

These buyers were seeking to snap up iPhones to beat price rises that could potentially happen as a result of the US tariffs, Bloomberg said, with some Apple employees saying they were being bombarded with questions on the
matter.

Right now, most iPhones are made in China, which is due to be hit with 54% tariffs over the coming days. That could rise to as much as 104%, as per Trumps latest threat, which might be spurring shoppers to buy now. Impossible to predict (Image credit: Apple)

Interestingly, theres very little consensus on how the tariffs will affect Apple. Late last week, Rosenblatt Securities claimed that the iPhone 16 Pro Max could end up costing $2,300 up from its current $1,599 price thanks to the tariffs, with iPhone and Apple Watch costs shooting up 43% across the board. The analysts predicted similar 42% and 39% rises for the iPad and AirPods, respectively.

Yet a competing analysis has just emerged that suggests the price rises might not be as severe as has been feared. According to a report from analysts at UBS (via AppleInsider ), the iPhone 16 Pro Max could see a price hike of up
to $2,062 still a hefty margin over the regular $1,599 price, but not as wince-inducing as the $2,300 alternative suggested by Rosenblatt Securities.

Part of that comes down to how Apple will deal with the tariffs. The company has a long history of keeping prices the same through thick and thin the flagship iPhone has cost $999 since 2017, after all. Its likely that it will put pressure on its suppliers to lower costs, and could absorb some of the price increases itself, Bloomberg reports.

That said, Apple is not averse to pushing up prices where necessary,
something it did in the UK after the Brexit referendum caused market uncertainty, for example. Ultimately, Trumps tariffs have resulted in so much uncertainty that predicting what will happen to the iPhones price is a fools errand, although it does mean that some degree of panic buying is understandable. You might also like Possible, but not probable': analysts react to rumors of a $2,300 iPhone after Trump tariffs Apple iPhone 16 Pro
Max review: a beautiful, intelligent beast PC sales could be set to fall this year, but Trump tariffs aren't the only reason why



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Link to news story: https://www.techradar.com/phones/iphone-panic-buying-hits-apple-stores-but-tar iff-impacts-may-not-be-as-bad-as-feared


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