10:12 AM EDT, 04/09/2025 (MT Newswires) -- The cost of an Apple ( AAPL ) iPhone could rise by more than 90% if final assembly were shifted to the US and the tech giant were required to pay reciprocal tariffs on imported sub-assemblies, Bank of America analysts said Wednesday in a research note.

Even without tariffs, the cost could increase by about 25% due to higher labor costs in the US, the analysts said.

Apple ( AAPL ) did not immediately reply to a request for comment from MT Newswires.

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