Analysts purport to debunk claim that iPhone prices will 3.5x due to tariffs

The economic sanctions freshly imposed by the United States' current leadership has produced profoundly negative reactions from trade analysts such as those of the Wedbush Securities group, who reportedly assert that they will lead to a "self-inflicted Economic Armageddon".

If so, it is most likely to manifest in the form of considerably reduced consumer purchasing power due to price hikes placed on typically in-demand products, new premium smartphones included. For example, Wedbush reportedly estimates that an iPhone that cost $1,000 prior to the tariffs will cost up to $3,500 once they take effect.

The stark increase is thought to be influenced by the impact on Apple's supply chain, which might see costs inflated by 40 or maybe even 50%.

Bloomberg's Mark Gurman dismisses such estimates as spurious clickbait, while another analyst, Joanna Stern, puts the same price increase at closer to $300 per iPhone 16 Pro. 

Nevertheless, it might not help Apple's forthcoming bills of materials if the iPhone 17 Pro series finally undergoes a design update as rumored.

Its alleged new camera hump, said to morph into a cross between that of the 16 Pro Max and the Pixel 9 Pro XL, has most recently found its way into a new render that purports to show the device in the wild.

The 256GB iPhone 16 Pro Max: now $1,149.99 on Amazon.