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Labrish
Nyuuz
Apple May Hike iPhone 17 Prices as Tariffs Hit China
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[QUOTE="Munyaradzi Mafaro, post: 32754, member: 636"] Apple faces massive trouble after Trump imposed a whopping 125 percent tariff on Chinese goods. Most countries got a 90-day break from these fees, but China missed out completely. This creates huge problems since Foxconn runs its biggest iPhone factory in Shenzhen. The tech giant lost about $640 billion in value over just three days when the tariff news broke. That equals nearly 20% of Apple's total worth. Morgan Stanley experts think Apple might still avoid raising iPhone prices. They suggest the company push customers toward buying higher-storage iPhone 17 Pro models instead of base versions. These pricier models give Apple 10-15% better profit margins on each sale. The company also needs to make more phones in India rather than China. Indian factories currently make about 30-40 million iPhones yearly, but America alone takes 66 million. Even if India ramps up production fast, analysts say it would take 6-12 months to reach the needed levels. This timeline far exceeds the 90-day tariff pause Trump offered other countries. Everything depends on whether Indian-made phones avoid these new taxes altogether. Famous analyst Ming-Chi Kuo already warned that Apple might have no choice but to charge more for Pro models regardless. [/QUOTE]
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Nyuuz
Apple May Hike iPhone 17 Prices as Tariffs Hit China
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