Reported 1 day ago
Due to recent tariffs, the price of an iPhone could potentially soar to $3,500 according to Dan Ives from Wedbush Securities. He explains that if iPhones were produced in the U.S., costs would already exceed $2,000, and the impact of tariffs could lead to significant increases for consumers. Ives warns that these developments may trigger a recession, as the effects ripple through the tech industry and consumer spending.
Source: YAHOO