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How is being subject to a double-digit tariff on devices sold to American consumers — one of Apple’s most critical markets — in the best interest of shareholder
by redserk 1y ago
How is being subject to a double-digit tariff on devices sold to American consumers — one of Apple’s most critical markets — in the best interest of shareholders?
And actually, I’m now forgetting if those tariffs are in play on phones again or not because of how chaotically the tariffs have been applied. I can’t be the only one losing track.
Let’s assume the tariffs are in play though. Apple now has to perform some combination of:
- reduce margins on devices sold in the US
- move manufacturing to a lower-tariffed country
- raise prices to offset tariffs
All of these impose unnecessary costs to the company compared to 9 months ago and risk alienating their consumer base. How is this to the benefit of shareholders?
- mft_ 1y agoHave you considered that it might've been much worse had Cook/Apple not behaved as they have, contributing to Trump's inauguration and giving silly golden gifts (and who knows what else)?