Isn't Apple already well ahead building a factory in the US for that?The most expensive part is probably the cpu and you can't build a factory for that, the Taiwanese/Chinese government isn't going to allow that
I doubt that Apple will increase only US prices, so probably customers all around the world are going to pay for it.And who will pay for it you might ask? Oh yeah that’s right… the American people.
TSMC would be the one building it with help from apple.Isn't Apple already well ahead building a factory in the US for that?
Very unlikely as TSMC is a processor manufacturer, not an assembler.TSMC would be the one building it with help from apple.
This president doesn't care about what he is allowed to do. He only claims the authority for any of these tariffs by lying that there is a national emergency.
Decrying what he called the “popular conception” that companies come to China because of low labor costs, Cook said “the reason is because of the skill, and the quantity of skill in one location.” He added: “In the U.S., you could have a meeting of tooling engineers, and I’m not sure we could fill the room. In China, you could fill multiple football fields.”
...only about 13% of high school students who expressed an interest in engineering complete a university degree in engineering.
Only 27% of women and just 41% of men who graduated with an engineering degree between 2006 and 2010 were still working in engineering jobs in 2021
Also, maybe part of the problem is an engineering degree in the US costs a hillion jillion dollars.74% of 18- to 20-year-olds attached a stigma to the trades, and just 5% said their parents wanted them to pursue a trade.
There's no way in hell anything in the US can compete with that. & these are trained, skilled assembly workers...Workers assembling iPhones in China typically earn around $3.15 per hour, with monthly wages around 2500 RMB (approximately $500) for working about 11 hours a day.
You can't assemble the iPhone with out a cpu (which is probably the most expensive part).Very unlikely as TSMC is a processor manufacturer, not an assembler.
He’s just waiting for his behind the scene bribe.Don’t panic! There will be a solution which will make most people happy
Trump puts thinks out and later walks them back
I see you forgot the other previous former president. It’s as if your memory goes back only 4 years.We paid an even bigger price the last 4 years after electing the last guy. Spending an extra few hundred on an iPhone pales compared to how much food, energy, house and other ESSENTIALS have gone up UNDER THE LAST GUY. Many thousands have left your wallet due to massive inflation since 2022.
But “ the price of my beloved iPhone might go up !!!!!!”
Now you people care? Because it affects your stupid phone.
There are no facts in this article, so the facts don't exist. Kuo is simply stating an opinion -- he has no influence over decisions that are made.I rather stick to facts.
More helpful than someone that just endlessly throws money at Ukraine with nothing in return for our support.Do you think Trump is helpful and effective in stopping this war by supporting Putin?
They would only have to wait 1 1/2 years. Congress has the power to override tariffs.I think Apple’s calculation is likely that they can survive the four years of tariffs and hope saner heads prevail next election - assuming we have one.
Why would Apple support the Dems that try to increase taxes and impose even more regulations on businesses and shareholders?First apple pac’s need to stop supporting gop candidates and stop supporting the us chamber of commerce who on,y supports republicans perhaps they also need to incorporate in the EU
Why would Apple support the Dems that try to increase taxes and impose even more regulations on businesses and shareholders?
“shifting iPhone production to the United States could increase the per-unit cost of an iPhone to approximately $3,500”. If true, that is insane. I thought they were just assembled in China at the cost of about $10 a phone.
Raising taxes from 21% to 35%+ isn't a good substitute for tarriffs, not to mention the other stuff businesses would have to pay for -- including extra taxes for shareholders capital gains, increased costs in benefits given to employees, and an increase in federal overtime tax. There would also be a significant increase in the costs of doing business due to "the green movement," since many companies rely on gasoline for their vehicles, and also gasoline for their planes to transport items. Not to mention, the Democrats and lefties (see Europe) want to tell Apple to conform to less profitable guidelines, like opening up the App Store, which that alone has an effect on profits.Because that would be likely less damaging than what's happening now?
I mean, you do realize the tariffs imposed by the current administration are effectively a huge tax on Apple's business, right? Whatever the opposition would impose is likely going to be less expensive for Apple than what the current administration is actually doing.
About regulation, I'm sure Apple doesn't like to be told how to do business, but at least regulation has a process. The current administration is basically telling Apple how to do business without process and threatening them with further taxation as retaliation if they don't operate the way the government wants.
Not my fight here, but the world economic ruin was China's fault -- the very country we're trying to impose tarriffs on. Before COVID, inflation was at record lows and gas prices were stablized and low, and the unemployment rate was at an all-time low. Taxes were lowered significantly on business from 35% to 21%, and taxes were lowered for the middle class.I see you forgot the other previous former president. It’s as if your memory goes back only 4 years.
That's quite a broad claim you're making about more than 77 million voters. The few of his supporters you might know may be uninformed, but I can assure you there are quite a lot of us out here who overwhelmingly support this pro-American agenda. Any U.S. president has considerable leverage to incentivize American companies to bring their manufacturing back to the US. Prior to Trump, very few (if any) others have dared to wield it in such a way. If he is successful in these attempts to mitigate much of the unfair global trade imbalances, while also bringing a large portion of manufacturing back to the States, it's just one of the many reasons he will be seen as one of the most consequential presidents in this country's short history.
Nobody cares what Kuo thinks. Stick to rumors instead of opinions.