Throughout the first few months of the year, volatility was a common theme in the US stock market. Things are becoming increasingly uncertain as tariffs and geopolitical tensions are flooded with things. One of the companies that are trying to navigate changes is Apple (AAPL). This may be set to raise the price of your iPhone in movements that may affect inventory.
The retail tech giant is one of the hardest hit by ongoing volatility on Wall Street this year. However, there was a significant turn on Monday, and the entire market rose. But it could be maintained for Apple, and will that iPhone decision affect it?
Also Read: Exploring the addition of AI search to Apple (AAPL) Safari browser
Apple will raise iPhone prices amid tariff uncertainty: Will inventory be affected?
After poor performance in a few months, the US stock market turned green on Monday. The S&P 500 reached two months’ height, and the Dow Jones index jumped 1,000 points. The catalyst for the increase was that the US and China agreed to suspend tariffs.
This is expected to have a major impact on the stock market and the epic 7. One of the most affected by ongoing tariff plans may be planning a major change of its own. Specifically, Apple (AAPL) could raise the price of its iPhone in moves that could affect stock prices.
The company plans to raise prices for devices scheduled to be released in the fall, the Wall Street Journal reports. However, the report points out that the increase is not directly linked to US-China tariffs. In fact, the company is reportedly considering an increase for new features and design improvements.
Also Read: Apple (AAPL): 3 Factors to Raise or Break Prices in 2025
The tariffs were expected to cost $900 million in the third quarter. However, that could be less than it is now. Recent Chan transactions could reduce their impact, and could be even lower if an agreement was reached earlier.
Apple’s shares rushed more than 5.2% on Monday in news of US-China contracts. Additionally, it will trade at the $208 level after turning back a six-month decline streak. Currently, the median price target is $236, but according to CNN, it holds 47% upside due to bullish projection.
If it is simply connected to the company’s revenue, rising prices can potentially raise the stock price. The popularity of the iPhone cannot be denied, and an ambitious price increase could bring its value closer to its elusive $300 level.
