April 7, 2025, 5:20 pm
Facing a looming US tariff increase on Chinese goods, Apple is preparing for fallout in its flagship iPhone sales. Analysts note that anticipated tariff impacts could raise retail prices of flagship models, prompting a surge of customer purchases before implementation. In response, Apple is shifting its sourcing strategy by exploring production alternatives in India to mitigate cost hikes from tariffs. This strategic move reflects both market pressure and supply-chain adjustments as Apple strives to maintain competitive pricing and consumer confidence.
The decline follows analysts' concerns about the potential impact of US tariffs on Apple.
Concerns stem from a proposed 54% tariff on China-made products, prompting customer questions about future iPhone prices.
Customers said they aren’t waiting to see if iPhone costs increase.
Tariff fears drive buyers to grab iPhones now before prices soar. Amid Trump's tariffs concerns, Apple’s stock suffers while US stores experience holiday-like rushes and customers ask about potential price hikes.
Apple rushed five emergency air freighter shipments of iPhones and accessories from Asia to the US to sidestep Trump’s looming tariffs, stockpiling lower-duty products to avoid future price hikes amid 26%-54% tariff threats.
Analysts now estimate the iPhone 16 Pro Max 1TB model will cost about $2,062—down from earlier forecasts of $2,300—despite unpredictable tariff impacts from the Trump administration that complicate pricing for Apple chips.
Apple customers are storming stores ahead of April 9 tariffs, scrambling to buy iPhones before prices rise. Panic-buying resembles a holiday rush, even as Apple stocks up on devices and shifts sourcing from China to India to mitigate tariff impacts and falling stock prices.
Apple is eyeing increased iPhone shipments from India to avoid higher Chinese tariffs. Amid falling stock due to Trump's tariffs, the company stockpiled current-generation devices, shipping several flights over just three days.
8 stories from 5 sources in 9 days ago ... #hardware #mobiletech #techpolicy #apple #china #ecommerce #chips #fang #mag7
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