[JumpCrisscross]

> would be very shocked if base model iPhones, lower specced Pro models, and the 16e would see a price increase beyond 15%

I’ll also be shocked if they take much margin hit there. All of the iPhone’s competitors are also getting tariffed, after all. And the tariffs don’t bridge the labour-cost difference, so it’s not like launching domestic production would make sense even if you could trust that these policies will stick.