Apple's highest-end iPhone could see $350 price hike in U.S. on Trump tariffs, analyst predicts
1. Apple may raise iPhone prices by up to $350 due to tariffs. 2. UBS predicts a 30% price increase for iPhones manufactured in China. 3. Apple shares dropped 20%, losing $675 billion in market cap. 4. Tariffs could lead to significant cuts in Apple's earnings per share. 5. Apple might absorb tariff costs of about $34 billion annually.