Even with Trump's tariff blessing, Apple hikes iPhone prices
Apple has announced price hikes for some iPhone models, despite receiving tariff relief from President Donald Trump. The new lineup of iPhones will start at $799 for the base model, up from the previous base price of $749. This price increase comes despite the Trump administration's decision to grant Apple a tariff exemption on components imported from China for the manufacturing of the new iPhones. The tech giant has not provided a clear explanation for the price hike, but it is likely due to a combination of factors, including increased production costs and the company's desire to maintain profit margins. The move has sparked criticism from some consumers who were expecting the tariff relief to result in lower prices. However, Apple remains one of the most profitable companies in the world, and its pricing decisions continue to have a significant impact on the smartphone market.
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