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.
If you think you can't ever put stocks on a hot sale think again.
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.
Selling iPhones made outside US: bad
Selling MAGA hats and swag made in China: art of the deal
Tim Apple make your phones in America the king has spoken.
He still doesn't understand how tariffs work...
Isn't he just saying that he will tariff them so they're paying 25% more for manufacturing in a foreign country?
This is far left policy.
Trump has become schizophrenic again.
Trump has a lot that seems might be wrong with him, but schizophrenia never really seemed to be on the list. Narcissism, dementia, psycho-/socio-pathy, compulsive lying, and possibly more, but I've never gotten the feeling he displayed the hyperpatternicity I associate with schizophrenia.
Even with tariffs it's still not financially viable to Apple to bring manufacturing to the U.S. and if they still decided to it would take 10to 15 years to get going. It ain't gonna happen. Sad oompa-loompa.
he's extorting everyone it has nothing to do with tariffs
It’s basically “lose a huge amount of money or do me favours that cost you 1/100 as much”. Surprise, surprise, they do the favours.
It sounds like he thinks the word "tariff" just means "payment". Then he follows that with "[whoever he thinks should make the payment]". Tariff by Apple, Tariff by China, etc. Honestly. I don't know how else you can make it make sense.
he makes it sound like the manufacturers pay the tarriff so his moron supporters think it's a good idea.
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.
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's coming true.
And again "tariff must be paid by Apple" really shows that he still has no idea how they work.
What the hell is with the "Thank you for your attention to this matter?"
You're shitposting to a global media audience, not politely asking Facilities to restock the vending machine with Snickers bars.
Are you just in full Business Guy Autocomplete mode? A Bigly Language Model?
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.
Who is Tim Cook of Apple? Why does it sound like Trump is talking about Tim Apple?
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."
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
I bet Tim Apple is really happy about his large donation to the Trump inauguration.
Then again, if you're that rich, maybe having some intelligence and foresight should be an expectation. If you don't have those things, maybe you shouldn't be rich.
That said, for a 25% tariff, it isn't even close. Still far cheaper for Apple to manufacture outside of the US and pass that additional cost to the US consumer.
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.
Thanks God he clarified he's talking about Tim Cook of Apple, for a moment I thought he was speaking about my neighbor from downstairs.
Tim Apple the cook