Apple may have to raise prices of the iPhone to offset tariffs, says BofA
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Apple May Hike iPhone Prices By Nearly 9% To Counter Trump's Tariffs, Forecasts BoFa. Expects EPS Decline In 2026 - Bank of America (NYSE:BAC)
In response to the tariffs imposed by the Trump administration, Apple Inc. (NASDAQ:AAPL) might have to raise iPhone prices by 9%, said analysts at the Bank of America. What Happened: Bank of America analyst Analyst Wamsi Mohan suggests that the tech titan may need to revise its pricing strategy to compensate for the costs related to the tariffs, reported CNBC on Wednesday. BofA stated that the iPhone maker will need to hike prices on iPhones, iP…
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Leaning Left1Leaning Right0Center6Last UpdatedBias Distribution86% Center
Bias Distribution
- 86% of the sources are Center
86% Center
14%
C 86%
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