Bank of America says tariffs could raise iPhone prices by nearly 10%

AppleInsider
Feb 20, 2025, 6:42 am340 pts
Estimating the cost to Apple of paying President Trump's import tariffs, and estimating how price changes could affect sales, the Bank of America believes that only a 9% price rise for the iPhone and all other devices, would prevent losses. Apple CEO Tim Cook [left] with Donald Trump [right] at a Mac Pro…

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