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Could Americans soon be paying several thousand dollars for a new iPhone
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Apple's landmark smartphone is set to be impacted by Donald Trump's tariffs
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as most are assembled in China, whose products are now subject to a 104 percent import duty
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Some ysts say Apple's costs could rise as much as 43 percent. If that's passed on to the
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consumer, the top-of-the-line iPhone 16 Pro Max would go from a $1,600 retail price to nearly $2,300
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I would not pay $2,300 for an iPhone for the newest iPhone for any reason
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For an iPhone, no. Never. No. Apple's top supplier in China, Foxconn, is notorious for its grueling demands on workers
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whose pay is less than $4 per hour. If Apple were to actually relocate its production lines
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from China to the U.S., the price of an iPhone would likely have to triple
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If you like 3,500-hour iPhones, we should build them in the U.S
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If you like 1,000-hour iPhones, you build them in China. That's the reality, and that's why this continues to be
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the most absurd thing probably ever seen on Wall Street in many, many, many decades
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Even then, Apple would have tariff problems. Many iPhone components are made in India and Vietnam
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who are themselves now targeted with tariffs of 26 and 46 percent
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The iPhone represents 51 percent of Apple's sales, with its top market, the U.S
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The latest tariffs could cost the company $40 billion, nearly a third of its operating profit
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Apple is reportedly exploring relocation of production to India or Brazil. But Trump's mercurial trade policy shifts are making any long-term planning for Apple
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as for companies around the world, increasingly difficult
