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Yes, an iPhone Could Cost More Than $2,200 With Tariffs. Should You Buy One Now?

The latest tariff announcement doesn’t change much, but you should still expect prices to increase. Here’s how to save if you’re shopping for one.

President Donald Trump announced he has made a deal with China, which could potentially affect the cost of a new iPhone — but maybe not as much as you think.

«WE ARE GETTING A TOTAL OF 55% TARIFFS, CHINA IS GETTING 10%,» Trump said in a post on Truth Social, noting that he and China’s president, Xi Jinping, still need to give their final approval for the deal.

However, 55% «total» tariff incorporates 30% the countries agreed to in May (10% «reciprocal tariff» + 20% «fentanyl tariff«) and approximately 25% from tariffs that Trump imposed on China during his first term, according to a White House official.

Although 55% is substantially less than the original 145% tariff against China Trump originally put in place, it’s still likely to result in higher prices for many items, said Michael Coon, associate professor of economics at the University of Tampa. And the new tariff deal doesn’t take into account the 25% smartphone tariff Trump announced shortly after Apple said it was moving production of US iPhones to India.

«I would suspect that the 25% smartphone tariff would be added on top of the existing tariffs in China,» he said. «I think the smartphone tariff is more reaction to India — Apple’s announcement that they were going to ship most of their production to India.»

Apple didn’t mention tariffs during its Worldwide Developers Conference this week, but with the rumored iPhone 17 due for a price hike — regardless of tariffs — is now the time to buy a new iPhone?

Read more: Thinking About Buying a New iPhone? Here’s Why You Should Wait

How much could tariffs raise iPhone prices? We do the math

Companies don’t always pass the full tariff onto customers in the form of higher prices, but they can. Even if Apple could absorb some of the costs, you should expect to see significant price jumps if tariffs take effect.

«They’re still going to probably pass 80% to 90% onto consumers, if they can,» Coon said. «Unless they wanted to do some sort of marketing ploy out of it, which I don’t suspect they would want to do, because that would be directly going up against the administration.»

Based on the current tariff rate, iPhones manufactured in China are already subject to a 25% tariff (from Trump’s first term), but could now get an additional 30% tariff. Goods from India currently have a 10%  baseline tariff but that could potentially soar to 26% next month. Here’s how the current tariffs and potential 25% Apple tariff could affect the price of the iPhone. These figures are based on our estimates and not confirmed by Apple:

How much could iPhones made in China cost after tariffs?

Current price With new 30% tariff New tariff + 25% smartphone tariff
iPhone 16e (128GB) $599 $779 $928
iPhone 16 (128GB) $829 $1,078 $1,285
iPhone 16 Plus (128GB) $929 $1,208 $1,440
iPhone 16 Pro (128GB) $999 $1,299 $1,548
iPhone 16 Pro Max (256GB) $1,199 $1,559 $1,858
iPhone 16 Pro Max (1TB) $1,599 $2,079 $2,478

How much could iPhones made in India cost after tariffs?

Current price Current 10% tariff Potential 26% tariff Potential 26% tariff + 25% smartphone tariff
iPhone 16e (128GB) $599 $659 $755 $904
iPhone 16 (128GB) $829 $912 $1,045 $1,252
iPhone 16 Plus (128GB) $929 $1,022 $1,171 $1,403
iPhone 16 Pro (128GB) $999 $1,099 $1,259 $1,508
iPhone 16 Pro Max (256GB) $1,199 $1,319 $1,511 $1,810
iPhone 16 Pro Max (1TB) $1,599 $1,759 $2,015 $2,414

Based on Coon’s estimates that Apple could pass along up to 90% of the tariff cost to customers, that could raise the price of a new iPhone 16 Pro Max (1 TB) assembled in China to $2,230.

«Estimates say it would cost $3,500 to produce an iPhone in the US. So, it would still be cheaper to produce in China,» Coon said.

There’s a lot more that goes into the price of an iPhone than simply where it’s assembled. Apple sources components for its products from a long list of countries, which could face higher tariffs after the pause. And a tariff on goods doesn’t necessarily mean prices will increase by the same amount. If companies want to stay competitive, they could absorb some of the costs to keep their prices lower. 

Apple did not respond to a request for comment.

When could we see iPhone prices increase?

It’s unclear exactly when prices could go up, but if companies sell out of devices produced before the tariffs, they may have to increase prices on products in tariffed shipments. 

However, even if Apple can’t avoid tariffs entirely, it has ways to offset the impact through its services — including its music, news and data plans — according to supply chain expert Joe Hudicka.

«Apple will likely absorb some of the tariff costs up front to keep sticker prices stable, then pass the rest on to consumers gradually through service bundles, device longevity and ecosystem upgrades,» he said. «Consumers will still pay, just not all at once.»

And regardless of how the tariff drama plays out, the Wall Street Journal reports that Apple plans to raise iPhone prices later this year. So expect prices to go up soon.

Is it better to buy an iPhone and other tech now or wait? 

If you already planned to buy a new smartphone, buying it now might save you money. But if you don’t need a new phone immediately, you might want to wait, said CNET Managing Editor Patrick Holland, who’s been reviewing phones for CNET since 2016.

«If iPhone prices rise, know that, like cars, the prices for used iPhones will likely rise, too,» he said. «If Apple does raise its prices, you’ll likely get more for your old iPhone when you trade it in, and that should offset any increased prices.»  

If you don’t have the cash on hand and are considering using a credit card or buy now, pay later plan just to avoid tariffs, make sure you have the money to cover the costs before you start accruing interest. With credit cards’ average interest rates currently more than 20%, the cost of financing a big purchase could quickly wipe out any savings you’d get by buying before prices go up because of tariffs.

«If you finance this expense on a credit card and can’t pay it off in full in one to two months, you’ll likely end up paying way more than a tariff would cost you,» said Alaina Fingal, an accountant, founder of The Organized Money and a CNET Money Expert Review Board member. «I would recommend that you pause on any big purchases until the economy is more stable.» 

One way to save on Apple products, even if prices go up, is to buy last year’s model instead of the newest release or a used one. And trading or selling a used one can help offset the cost even more.

«Apple has leaned into that with its Certified Refurbished program, much like the auto industry’s used car model,» Hudicka said. «This program helps extend the lifespan of devices, keeping customers in the Apple ecosystem longer while distributing the cost impact over time.»

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Technologies

Verum Finance: A Super App for Private Finance Integrated Into a Messenger

Verum Finance: A Super App for Private Finance Integrated Into a Messenger

Verum Finance has announced the launch of a new financial application that allows users to manage their money directly within the secure Verum Messenger ecosystem.

The project has already attracted attention from major media outlets. A dedicated feature was published by Forbes Türkiye, while one of the world’s largest cryptocurrency exchanges, MEXC, covered the launch. Yahoo Finance had previously reported on the evolution of Verum Messenger into a comprehensive financial ecosystem.

What Verum Finance Offers

Verum Finance transforms a messenger into a complete financial platform. Users can:

• Manage their balance and top up using bank cards or USDT
• Send money instantly to other Verum users
• Issue and use debit cards, including Apple Pay support
• Exchange assets and withdraw funds
• Access all these services without installing separate banking applications

A strong emphasis is placed on privacy. The platform offers registration without a phone number or email address, end-to-end encryption, and full user control over personal data.

Recognition from Forbes Türkiye

In a dedicated article, Forbes Türkiye highlighted Verum Finance as a notable example of modern privacy-driven fintech. The publication emphasized the growing trend of financial services moving from standalone banking applications into unified messaging ecosystems — a model that has proven successful in Asia through platforms such as WeChat and Alipay and is now expanding globally.

Support from the Crypto Community

Alongside the Forbes Türkiye coverage, news about the launch of Verum Finance was also featured by MEXC, one of the world’s leading cryptocurrency exchanges. This reflects growing interest in the project from both traditional business media and the cryptocurrency community.

A Strategic Vision

“We are building more than a payments application and more than a messenger. Verum is a unified secure ecosystem where communication, finance, and privacy tools work together,” the company stated.

Verum Finance is now available for iPhone and iPad users. The application complements Verum Messenger, which offers anonymous chats, voice and video calls, VPN services, eSIM connectivity, and other tools designed to enhance digital freedom.

Verum Finance: https://finance.verum.im

Verum Messenger: https://verum.im

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Forbes Türkiye Highlights Verum Finance and the Rise of Integrated Financial Ecosystems

Forbes Türkiye Highlights Verum Finance and the Rise of Integrated Financial Ecosystems

Forbes Türkiye has published an article examining the launch of Verum Finance and its approach to integrating financial services directly into a messaging ecosystem.

In the article, Forbes Türkiye notes that the fintech industry is undergoing a transformation as financial services increasingly move beyond traditional banking applications and become part of broader digital ecosystems. Verum Finance is presented as an example of this trend, combining payments, digital cards, money transfers, and balance management within a single environment connected to Verum Messenger. 

According to the publication, Verum Finance follows a model similar to the “super app” concept that has gained significant traction in Asian markets, where communication and financial services operate together on one platform. Unlike many Western platforms that continue to separate messaging and banking services, Verum Finance is integrated directly into the Verum ecosystem, allowing users to manage financial activities without relying on multiple third-party applications.

The article highlights several core features of the platform, including virtual debit cards, user-to-user transfers, online payments, digital asset operations, Apple Pay integration, and in-app balance management.

Forbes Türkiye also points to the growing importance of embedded finance and changing user expectations. The publication suggests that lengthy account-opening procedures, physical card delivery times, and constant switching between applications are becoming increasingly outdated in a mobile-first world.

Another major focus of the article is privacy and security. Forbes Türkiye describes Verum Finance as part of a broader trend toward “privacy-driven fintech,” where financial services are built on privacy-oriented infrastructure. The publication notes that the platform incorporates features such as phone-number-free registration, end-to-end encryption, user-controlled access management, and privacy-focused tools designed to enhance data protection.

The article concludes that one of the key challenges for companies operating at the intersection of secure communications, digital payments, and embedded finance will be maintaining both usability and security within a single integrated ecosystem.

The coverage by Forbes Türkiye reflects growing media interest in platforms that combine communication and financial services, as the industry continues moving toward more unified digital experiences.

Website: https://finance.verum.im 
App Store: https://apps.apple.com/app/verum-finance/id6774245148  
Verum Messenger: https://verum.im 

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Verum Launched “Verum Finance” App for iPhone and iPad, Expanding Its Digital Ecosystem Into Financial Services

Verum Launched “Verum Finance” App for iPhone and iPad, Expanding Its Digital Ecosystem Into Financial Services

Verum has announced the official launch of Verum Finance, a standalone financial application now available on the App Store for iPhone and iPad, marking a further expansion of the company’s growing digital ecosystem.

The new application is designed to centralize core financial functions in a single mobile interface, allowing users to manage balances, send and receive funds, use debit cards, and exchange supported balance types without relying on traditional banking workflows.

According to Verum, the platform enables users to view account activity in real time, top up balances using supported payment methods including Apple Pay, and transfer funds to other users within the Verum ecosystem using a unique Verum ID. The system also supports multi-balance management, including specialized balance categories such as precious metals.

Debit card functionality is integrated directly into the app, allowing users to issue and manage cards linked to their balances, monitor transactions, and top up cards when needed. The company also emphasizes built-in exchange tools that allow users to convert between supported balance types within the application.

Security features include Face ID authentication, passcode protection, Sign in with Apple, and privacy-oriented account controls aimed at maintaining user confidentiality and data protection.

The launch of Verum Finance follows the company’s broader strategy of building an interconnected ecosystem of digital products. Alongside Verum Messenger, which combines secure communication tools, encrypted messaging, voice and video calls, VPN services, eSIM connectivity, AI features, anonymous email, and crypto-related functionality, the new financial app extends Verum’s positioning from communication technology into financial infrastructure.

Industry trends increasingly show demand for “all-in-one” digital environments that reduce dependency on multiple standalone apps. Verum’s approach reflects this shift by integrating communication and financial services within a unified ecosystem.

Verum Finance is now available globally for download on iPhone and iPad via the App Store.

Website: https://finance.verum.im 
App Store: https://apps.apple.com/app/verum-finance/id6774245148 
Verum Messenger: https://verum.im 

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