Apple is set to see prices of its popular consumer electronics products, including devices, rise sharply in Qatar after US President Donald Trump announced new tariffs, reports say.
The hefty tariffs, announced on April 2, target products from multiple major trading partners, including China, where Apple assembles a significant portion of its products. One of the hardest-hit items is the iPhone, whose price could rise by up to 43%, analysts warn.
If Apple decides to pass on the full burden of the tariffs to consumers, the base model iPhone 16, currently priced at $799 in the US, is expected to rise to around $1,142. High-end models, such as the iPhone 16 Pro Max with 1TB of storage, could rise from $1,599 to $2,300.
Apple has two options: absorb costs and reduce its profit margins, or raise prices and reduce consumer demand. In addition to iPhones, other Apple products, including the Apple Watch (43%), iPad (42%), MacBook (39%), and AirPods (39%), could also see their prices rise sharply if the tariffs are fully implemented.
Some experts are advising those planning to buy Apple devices to buy them as soon as possible, before the official price increase is implemented due to the price hike.