Tim Cook declines to rule out price rises as tariffs bite
Macworld
At one stage there were fears that President Trump’s Chinese tariffs would result in large iPhone price rises, with high-end models potentially costing as much as $2,150. In fact, Apple won an exemption and we haven’t seen any price rises at all. Yet.In an otherwise extremely positive Q2 financial report Thursday, Apple revealed that it expects to face a charge of $900 million next quarter as a result of tariff activity, assuming the tariffs don’t change. That’s
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