Is A $3,500 IPhone The Price Of ‘Made In America’?

Benzinga

Your next iPhone could cost over $3,500 due to factors beyond chip shortages, primarily stemming from new tariffs on electronics and semiconductors. Most iPhones are produced in China, and these tariffs could significantly impact Apple's global supply chain, potentially driving the price of an iPhone 16 Pro Max from $1,199 to over $3,000. Despite historical assertions by Steve Jobs that manufacturing jobs won't return to the US, and even with Apple's investments in the US and India, the core production remains overseas. The rising tariffs challenge whether Job's theory will hold true or if a $3,500 iPhone is what it takes to bring production back to the US. Follow Benzinga for more insights on the impact of global trade on technology.

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00:00Your next iPhone could cost over $3,500, and the reason goes way beyond chip shortages.

00:0590% of iPhones are made in China, but with new tariffs looming on electronics and semiconductors,

00:11Apple's global supply chain is under serious pressure.

00:13If these tariffs stick, analysts say it could drive the price of an iPhone 16 Pro Max from $1,199 to more than $3,000.

00:21This debate isn't new.

00:23Back in 2011, Steve Jobs told President Obama,

00:26Flat out, those jobs aren't coming back.

00:28It wasn't just labor costs.

00:29China's entire supply chain is built for speed, scale, and flexibility that the U.S. hasn't matched.

00:34Even today, with Apple investing billions to build in Texas and expand in India,

00:38the core of iPhone production remains overseas.

00:40Now, with tariffs heating up, Apple may have to test Jobs Theory for real.

00:44Are those jobs really gone for good?

00:46Or is a $3,500 iPhone the price to bring them home?

00:49Follow Benzinga for more stories on how global trade is reshaping the tech you use every day.

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