US EditionThe iPhone 17 Will Be $50 More, Says Jefferies Analyst. Here's Why He's Right
UNITED STATES, JUL 30 – Apple will raise prices by $50 on most iPhone 17 models to offset rising component costs and 20% tariffs on Chinese-made phones, while the base model remains at $799, analysts say.
- Jefferies analysts predict Apple will raise prices by about $50 for the iPhone 17 Pro, Pro Max, and Air models this year in the U.S.
- This price increase follows Apple reporting a $900 million tariff cost hit in the June quarter attributed to U.S. tariffs on Chinese-made products.
- The iPhone 17 base model will likely keep its $799 starting price since it mainly adds a new processor and selfie camera without major design changes.
- The iPhone 17 Pro Max price may rise from $1,199 to approximately $1,249, with analysts noting the $50 bump may barely cover cost increases from tariffs and components.
- Apple’s price adjustments suggest it aims to protect margins while managing tariff impacts, but demand may soften given the higher costs and new models’ pricing.
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Coverage Details
Total News Sources23
Leaning Left3Leaning Right1Center4Last UpdatedBias Distribution50% Center
Bias Distribution
- 50% of the sources are Center
50% Center
L 38%
C 50%
13%
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