Heaptalk, Jakarta — iPhone prices could soar by as much as 43% following former U.S. President Donald Trump’s proposed import tariff hike, potentially pushing the cost of Apple’s flagship products well beyond current levels.
According to a recent analysis by Rosenblatt Securities, the base model of the upcoming iPhone 16, which is expected to launch at USD799 in the United States, could climb to approximately USD1,142 if the entire tariff burden is passed on to consumers. The impact on higher-end models could be even more dramatic. The iPhone 16 Pro Max, featuring a 6.9-inch display and one terabyte of storage, currently priced at USD1,599, may see its price skyrocket to nearly USD2,300.
“Our quick calculations suggest that this policy could deal a blow to Apple, resulting in losses of up to USD40 billion,” stated Barton Crockett, an analyst at Rosenblatt Securities, in a research note released Monday (April 7).
Based on the recent average exchange rate of IDR 16,000 per USD (as published by Bank Indonesia), the base iPhone 16 could rise from Rp12,784,000 to approximately Rp18,272,000. Meanwhile, the top-tier iPhone 16 Pro Max could increase from Rp25,584,000 to nearly Rp36,800,000—surpassing the price of several newer MacBook models.
Apple’s management has indicated that price hikes between 30% and 40% are likely if the company decides to pass on the additional costs to consumers. Many iPhones are manufactured in China, facing a steep 54% tariff under Trump’s policy framework. If these tariffs persist, Apple (NASDAQ: AAPL) will be forced to choose between absorbing the cost impact or transferring it to end users.
