not exactly how the economy works or how the dollar/yen or other currency's work.
we could buy ourselves into prosperity if it did.
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Proposed Tariffs Could Lead to 14% Increase in U.S. iPhone Prices
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we could buy ourselves into prosperity if it did.
Yep they all party together at the Bilderberger group parties..
Always been the same way, democrat, republican..independant..all controlled.
Kinda like the settled fact that the Steele Dossier claimed.
Or that Wikileaks and Wordpress both refute the DNC hired crowdstrike cyber security fitm’s evidence to insists the Russian ‘ties’.
It’s fine, because the DoJ is actually investigating this Russian nonsense once in for all in conjunction with the AG, FBI, and CIA.
Not some unknown third party ‘intelligence’ that’s proven to be spinning a lie.
This whole, maximize profits no matter the cost is exactly why the middle and lower classes get such a raw deal. Trump said he was going to fix it and drain the swamp, but instead he's just going to exacerbate the issue by forcing companies to foist even higher prices on everyday consumers. At least the rural folks who put him into office are getting what they deserve with their plummeting crop values. And of course, when poor urban and suburbanites get government assistance it's a handout to lazy welfare queens, but when rural folks get government assistance it's a 'subsidy needed due to poor market conditions'.
because products in canada are always priced against the strength of the dollar in comparison to US prices. (sometimes slightly more). it's been like that forever, not just for Apple but for all companies.
if they dont do that then people will drive across the border and buy the products in Canada. sure CBP can enforce some sort of tax on products coming inbound, but people will still try and do it (and get away with it)
No they shouldn't. Apple should make whatever margin they want that the public allows. Margins would go down drastically if built here. I couldn't care less where my phone is made.
you are contradicting yourself.
we pay a very hefty price for the phone already, I am betting apple will pass the buck to the consumers anyways and hell they will probably add to it and make as much as possible blaming it on tariffs
More than other brands anyway. So your reasoning should apply to any brand, which of course doesn’t have 100% green energy or a great support for example
Will Drumph and family's imported products ever fall under these extended tariffs?
Not likely...
Not likely...
Too small a market, no supply chain, cost of building a factory, cost of labour.
And how many US citizens would be happy to py 30-50% MORE than the rest of the world who would STILL be supplied from China ?
for those wanting iPhones to be manufactured in US
- Chinese workers make 100$ a week
- a similar US worker will make $500 a week at minimum wage
an iPhone XS Max would need to sell for $2100-$2500 to have the same profit line if manufactured in US
NO one will buy an iPhone XS Max for $2000+
If Apple lowers the price to $1250 for a iPhone XS Max 64GB it would lead to a 30% reduction in earnings and would leave the Apple bottom line flat. imploding its stock value to around 500 Billion instead of a trillion within a quarter and Apple would lay off 1000s of workers.
Apple needs 1000s of skilled laborers to work 12+ hour workdays for minimum wage. there wouldnt be many to do hard labor. Apple would be forced to reduce the hours due to labor laws and ship smaller number of Phones thus impeding profits even further.
too bad we kicked out all the labor force from mexico...
- Chinese workers make 100$ a week
- a similar US worker will make $500 a week at minimum wage
an iPhone XS Max would need to sell for $2100-$2500 to have the same profit line if manufactured in US
NO one will buy an iPhone XS Max for $2000+
If Apple lowers the price to $1250 for a iPhone XS Max 64GB it would lead to a 30% reduction in earnings and would leave the Apple bottom line flat. imploding its stock value to around 500 Billion instead of a trillion within a quarter and Apple would lay off 1000s of workers.
Apple needs 1000s of skilled laborers to work 12+ hour workdays for minimum wage. there wouldnt be many to do hard labor. Apple would be forced to reduce the hours due to labor laws and ship smaller number of Phones thus impeding profits even further.
too bad we kicked out all the labor force from mexico...
Those farmers are working hard though unlike the nonworking welfare queens. So there is that.
It’s amazing how some people want to blame Trump for the increase in price. What about the companies that set up manufacturing in China? There is a reason why they set up shop there. Like the stock market, you have to ride it out.
But she didn't win?
[doublepost=1557871045][/doublepost]Big deal. Apple consumers can absorb that so easily!
No worries, the rest of the world will also see an increase
Here in Japan, the Apple prices are beyond ridiculous already and as a colony of US, we always get the sh@tty deal going with it.
[doublepost=1557873511][/doublepost]
Settled fact? Care to elaborate from non government controlled media? Please, don’t say some bunch of IP addresses are evidence, as any even slightly skilled hacker can deal with those.
When will the people get the balls to admit their own shortcomings
Anyway, people and the small business will suffer. Corporations will be fine, as always.
Who else is there to blame? Trump doesn't seem to have the slightest idea about economics. He even tweeted last week that China would be paying the tariff when of course in reality it will be the American consumer and, in the case of Apple, probably everyone else so they don't have to raise prices too much in the USA.
Yes, there is a reason why the companies set up in China. It's called comparative advantage, something that Trump really needs to have an understanding of. The sooner someone with a decent intellect gets into the White House, the better it will be for the economy of the entire planet.
You have a link or some supporting documentation on that percentage? Please provide.
From what I have learned, you are way off base.
[doublepost=1557874012][/doublepost]
You also. How about some proof on that cost increase? Please provide.
Yeah, all the presidents since around 1974 or so. That's when China started vacuuming jobs from everywhere, including the US. Actually, come to think of it, probably started with Nixon.