CNBC: Apple will raise iPhone prices due to the duties of the Trump administration
Apple will have to raise prices for your smartphones due to customs duties. It is reported by CNBC.
Journalists of the TV channel noticed that the administration of US President Donald Trump has already introduced 10 percent tariffs for products imported from China. According to the analyst Bank of America, to Visi Mohan, responding to duties, Apple can raise the cost of smartphones to compensate for costs.
Mohan noted that 85 percent of the iPhone is produced in China, about 15 percent in India. Due to the restrictions of the American state, Apple will have to raise prices by about 9 percent.
The analyst admits that an IT giant could accept these costs. The material states that Apple does not want to raise prices so as not to scare away the brand fans and continue to attract Android-Smartphones users to the ecosystem. If this happens, then, according to the forecast of the Mohana of Mohan, the corporation will incur losses in the amount of 26 cents per share.
As a compromise solution, Apple can partially raise prices for smartphones – for example, by 3 percent. However, in this case, the company will lose about 20 cents per share.
Earlier it became known that Acer Corporation will raise prices for laptops in the United States by 10 percent due to Trump tariffs. Taiwanese manufacturer will be the first to react to increased duties for all imports into the country in this way.
Source: Lenta
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