<ul><li>Apple could face $40 billion in tariff costs due to new US tariffs on China and Vietnam.</li><li>The tariffs could result in a 40% price increase on iPhones, potentially impacting demand and sales.</li><li>The situation is further complicated by China's retaliatory tariffs, adding pressure in the competitive Greater China market.</li><li>Apple will need to make decisions regarding offsetting the fees by raising iPhone prices or exploring other strategies.</li></ul>

iPhones costing over $2,000? A Wall Street analyst says it's possible.

Discover more