Step 1. Add Tarrifs.
Step 2. Wait till the share price falls.
Step 3. Buy in low.
Step 4. Lift the tariffs again.
Step 5. Wait till the share price rises.
Step 6. Profit.
This is a most excellent place for technology news and articles.
Step 1. Add Tarrifs.
Step 2. Wait till the share price falls.
Step 3. Buy in low.
Step 4. Lift the tariffs again.
Step 5. Wait till the share price rises.
Step 6. Profit.
What about the components? Should they also be produced in the US?
Let’s be clear, producing the iPhone in the US would be more than a 25% cost increase.
Tim Apple make your phones in America the king has spoken.
The Art of Extortion.
Did trump just confuse a possessive s for a plural s?
That is the least of his linguistic faults.
style errors are easily forgiven. study a foreign language or a programming language to get some empathy
suspending habeas corpus? he should be in so many heaps of trouble. the guillotine was a nasty, evil piece of work, and anyways
It happens to people and I don't know why
Autocorrect more likely
Once again. Companies do NOT pay tariffs. They pass on those costs of those tariffs to their customers. YOU are gonna pay that extra 25% not Apple.
It’s extremely misleading to say “companies do not pay tariffs” and then immediately explain that companies do indeed pay tariffs.
Unless the companies eat the tariffs. But greedy companies will pass them on
Is it only tariff costs that are passed on to employees and customers or are all corporate tax costs passed on to employees and customers?
At the end of the day it's all of it. Some of it is built into their existing model, some of it is constant etc but they include it all in the calculations to come up with the prices. New costs like these tariffs get added to the overall margin calculation and a new price is set.
Still there is another side of it that also interesting. These companies has done their calculations so the cost of the product is perfect. Increasing that price means less people will buy the product.
Increasing that price means less people will buy the product.
Unless your competitors are also facing the same forced price increase.
that’s fine. iphones are so cheap, people can handle even 50% tariffs. apple is worth every penny /s.
going to buy a cmf phone 2 now…
Yeah. I'm typing this on a $300 Chinese phone with 10600mAH battery, reverse wireless charging, a thermal imaging camera, and it's waterproof and shock resistant.
I have strongly considered the Armor line. Which is what I'm assuming you're talking about
It's 27T Pro. I like it better than the iPhone it replaced.
The only downsides I've seen so far are that it requires a separate app for wifi calling and it has fewer zoom options for the camera. I'd like to figure out how to get the IR blaster to read signals (so I can easily clone my remotes).
how long is it going to take, before you realize its too late? if they didn't realize by now, they aren't going to
Trump will never ever admit he's wrong, but I'm curious how the voters will react when everything costs 50% more all of a sudden.
They'll probably blame Biden somehow, but I'm curious still
He's already called all the stock market turmoil "Biden's market", hilariously.
This isn't about making Apple make iPhones in the US. This is a 25% tax on everyday Americans that the fascists will blame on Apple for not making iPhones in the US and use to give tax breaks to the rich. Trump and his cabal are reverse Robin Hooding the American people and 70 million of them are lining up to lick his boots for it.
The US is turning into my games of stellaris a little bit more everyday. Oh boy you sure dont want to be in my games of stellaris guys.
You know that is somewhat true. What everyone could see when I was kid has come to pass. The people like trump and the actual billionaires in this country sold us out then. They sold us out by moving all the manufacturing offshore. Now these same greedy trash humans want all that back since they have realized that the ability to manufactures products was the United States real power. They delivered millions of my parents generation into poverty and wage slavery to make a buck by moving the job overseas. Now these horrible people and their followers are doing the same thing to try to get it back. They don't understand nor do they care about the real people in this country. Only about themselves.
Their followers who are not profiting from this must be really, really stupid.
The reason why manufacturing was moved offshore was because it cost more money to produce the goods in the states and they had to adhere to us regulation. Products are cheap because they’re build offshore. No one actually wants the factory jobs back in the states because they’ll be too expensive to produce, and a lot of the jobs will be done by bots anyway. If the iPhone was the be built in the states it would cost $3.5k. Billionaires want a peasant class. They’re envious of China - lots of low educated people earning nothing working long hours. Billionaires have low self esteem.
Well those regulations are virtually non existent. Can pay lip service but who is going to enforce it
Yes of course it was because of money. They couldn't see it then and they cant see it now.
This past Monday, John Stewart of The Daily Show interviewed Patrick Mcgee who discussed the jaw-dropping amounts of money Apple spent building out Chinese electronics supply chains which had deep implications. -It made for an interesting case if true.
On that note, I suspect that a 25% tax is cheaper by far than the cost of building out state of the art silicon fab on US soil, plus the additional cost of paying Americans to do the manufacturing/assembly. Would you rather buy an iPhone for $1250 or $4000?
This perfectly sums up the shortfalls of Trumpian populism in the face of Late Stage Capitalism.
He still has absolutely no clue how tariffs work. Amazing for someone who throws them left and right without thinking. Although the latter might explain it.
What does he not understand correctly here?
The worst take from his opposition: "trumps such a dumb idiot". And it's why the left gets out-maneuvered; they imagine those on the right as only either 1. Imbeciles 2. Racists.
The right sees the left as cunning, and strategizes how to outplay them.
The left sees the right as backwards morons, and strategizes how to insult them. It seems to be the main play, and is doing him a favor by shutting down closer examination.
Trump is a demented moron who has no fucking idea what's going on.
His faceless staff, led by Stephen Miller, are very smart and know exactly what they're doing.
if that's the case, if he's just an idiot puppet, why spend energy attacking him and his character specifically? It doesn't persuade anyone on the right, and it doesn't help the left focus on the people pulling the strings.
The news, and left leaning communities online, have told me every day for 8+ years that trump is stupid, etc. What's the point?
It blows my mind when people say he has a reason for his tarriffs and it's about enrichen his friends. He's braindead and tarriffs is just the new word he learned. Tim Apple is gonna be mad.
I wonder if he knows apple simply can not comply with this. Apple doesn't know how to make iPhones (at the scale and rate needed) and no one in the US does either.
RIP