iPhone Sales Could Face Major Setback in China if Trump Enacts Trade War

[mozumder]

I pitty the left that looks down on hard working Americans. But I guess with their recent campaign message I shouldn't. Divide and Cater. When you get into an argument the other side is racist, sexist, islamophobic, and deplorable. When you lose- just throw a riot because you missed out on your good partipation award.

i still don't know why you people want to punish Americans by raising prices for everyone..

Is there any other taxes you'd like to implement on Americans?

 

[kemal]

Relax. Wont happen. A deal will be struck.

 

[nia820]

This will give apple another excuse to raise the price of iPhones.

 

[Rocketman]

7% growth in China would cause inflation if they weren't manipulating their currency. Inflation is not necessarily the result of printing too much money. Economic growth that happens above 3 or 4 percent causes inflation as well. More money chasing the same amount of goods means the price is going up on goods until equilibrium is hit. Everything isn't about printing new money. It could be that too much old money is in the market. The fed will raise rates to cool things off.

Then you misunderstand the definition of inflation. Inflation is always monetary. Many media outlets conflate the term inflation when talking about price changes.

The fact a dollar buys less stuff is inflation. The fact prices go up in nominal terms is inflation. The fact prices fluctuate with supply and demand is a cost change, not inflation. Read my first link.

For example the current administration has a 2% inflation target and adjusts monetary policy through its appointees to try to achieve that. That means in 5 years the same dollar buys 10% less stuff. So prices of things like rent, cars, gold, gasoline goes up in nominal terms. People on fixed income are hosed like people on minimum wage or social security. It is called monetising the debt.

If the government were to have a stable dollar you would not need a "cost of living increase" to remain whole.

If the government were to have a -2% inflation target, you would be able to buy more stuff with the same dollar every year. Your rent would go down, gas prices, etc. You could by the same stuff with fewer dollars and actually have SAVINGS and less debt INCENTIVE! What a radical concept.

Revert he 17th Amendment in light of the internet era.

 

[the8thark]

"The corporate media, the press. Lets be clear on one thing. The corporate media in our country is no longer involved in journalism. They’re a political special interest no different than any lobbyist or any other financial entity with a total political agenda and the agenda is not for you. It’s for themselves."

- Donald Trump

The media worldwide are like this. Chinese media is no different. Trump has had decades of successful business deals with China. Trump knows now to deal with China. That simple. The iPhone sales will not drop all of a sudden just because there is a new president. Trading with China and selling things in China is one of the few things Trump is an expert in.

The sad part is MacRumors is treating this like it's actually going to happen. It's not. The sales could slow down due to market saturation or other factors. But we can all be rest assured that President Elect Donald Trump will make sure that the US/China relations are strong so the Chinese keep buying US products like iPhones. Designed in the US and made in China (at the moment).

 

[stylinexpat]

Carl Icahn and Apple have a score to settle. Carl and Trump are good friends. Apple CEO and Trump are not so close. Apple stock will drop until Carl Icahn and a few others get back in again

 

[MrX8503]

Who's he?

Th user you quoted/replied to.