Technology

It's coming true.

And again "tariff must be paid by Apple" really shows that he still has no idea how they work.

Well, technically, any kind of tariff added to the import is always paid by Apple, who else would pay it? Some unrelated company? A foreign country?

They will simply increase the price by an amount that will keep them making the same amount of money. The main problem is that because they like to do a round price worldwide, we European we'll pay more too, so they can make more money. Assholes

iPhones not iPhone's... Who let this idiot be in charge of anybody? Did he even go to school?

An extra 25% must be paid by consumers. Like every other tariff. New taxes be like that.

Good fuck apple they probably donated to trump

This is what you get for bending down to the tyrant in inauguration day. You cant appease tyrants, you must fight them.

Such smol govment

Killing Biden's CHIPs act certainly didn't help that cause.

I see the problem here. He's talking to Tim Cook, who's CEO of some cooking company. He needs to talk to Tim Apple.

It is paid by consumers, not Apple. Other phone companies will raise prices as well to increase their profits, since iPhone prices will set a new high price. When Apple prices goes up 25% other phone companies can increase their prices by 15% and still be competitive to apple.

Actually to make same profit due to lower phone sales Apple may have to raise price even higher than 25% or find other ways to get consumers to pay more. Die hard fans of Apple will buy, whatever the price.

What a fucking idiot

Failed business man telling people how to run their businesses. I’ve got an idea about how to make American manufacturing cheaper universal healthcare.

you fucking idiot, it's NEVER EVER EVER coming to the US.

NEVER.

a 25% increase in cost is still MUCH more preferable to bringing all of that shit to the US. probably by orders of magnitude. can you even fathom (of course you can't) what you would need to do to have a 100% American iphone?

let's say you're bringing the iphone manufacturing plant to the US. let's even assume this move is subsidized so the new factory is going to cost only time.

the iphone isn't put together from mere atoms. parts of it need to be manufactured first. there's the screen, the glass, the aluminum case, several cameras, the battery, the ram, the storage, the CPU, the GPU, the receiver, accelerometer, gyroscope, etc etc... how much of that shit do you think is made in the USA?

so there's tariffs an all of that. or to avoid them you need to make several new factories, and have other companies that provide these things also move their factories... and these factories don't just have people create electronics by hand. you need machines. where do you think those are made? who makes them? so now you need the manufacturers of manufacturing robots to move their factories to the US.

and all these factories now employ people with much higher salaries.

all in all, a move like that would halt production for years and when it comes back every iphone would probably cost $47000.

It would take MINIMUM 10 years to even come close to like 60% manufactured in US. And that’s assuming the US upends the entire global tech industry by coming even kind of close to TSMC’s chip manufacturing tech.

Tim Apple could just buy him a fucking plane and be done with it. And that would open up some interesting opportunities, nahmean?

You can know the impact of what building in the US would be by looking at Purism. They sell a Linux phone for $800. If you want the same phone built in the US, they charge $2000.

Can you imagine if Joe Biden said shit like "I'm going to make your pleb shit more expensive because I refuse to just admit a mistake and therefore will double down on my bad policy."