Here’s how much it costs Apple to make an iPhone 16 Pro, and how Trump’s tariffs will change that

There has been a lot of speculation about how high Apple might raise iPhone prices in response to Trump’s tariffs. A new report from The Wall Street Journal, however, offers the most realistic look yet at what it currently costs Apple to make the iPhone 16 Pro and how that could change thanks to Trump’s tariffs.

How Trump’s tariffs will impact iPhone prices

The report cites data from TechInsights and iFixit to craft a breakdown of Apple’s costs, commonly referred to as the…