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Stockreport

iPhone could triple in price to US$3,500 if they're made in the U.S. [BNN Bloomberg (Canada)]

Apple Inc. (AAPL)  More Company Research Source: BNN Bloomberg
Last apple inc. earnings: 4/30 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.apple.com
With his sweeping global tariffs now in effect, steep price hikes on products ranging from clothing to electronics could largely be borne by American consumers. Now, a prominent tech analyst has warned that the price of an Apple iPhone could soar to around $3,500 if they were made in the US. The president and his economic officials have promised that, as a result of the tariffs, numerous manufacturing jobs will eventually be “reshored” to US, employing millions of Americans. But Dan Ives, global head of technology research at financial services firm Wedbush Securities, told CNN's Erin Burnett that the idea is a “fictional tale.” U.S.-made iPhones could cost more than three times their current price of around $1,000, he added, because it would be necessary to replicate the highly complex production ecosystem that currently exists in Asia. “You build that (supply chain) in the US with a fab in West Virginia and New Jersey. They'll be $3,500 iPhones,” he said, referring to fabri [Read more]
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Stockreport

iPhone could triple in price to US$3,500 if they're made in the U.S. [BNN Bloomberg (Canada)]

Apple Inc.  (AAPL) 
More Company Research Source: BNN Bloomberg
Last apple inc. earnings: 4/30 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.apple.com
With his sweeping global tariffs now in effect, steep price hikes on products ranging from clothing to electronics could largely be borne by American consumers. Now, a prominent tech analyst has warned that the price of an Apple iPhone could soar to around $3,500 if they were made in the US. The president and his economic officials have promised that, as a result of the tariffs, numerous manufacturing jobs will eventually be “reshored” to US, employing millions of Americans. But Dan Ives, global head of technology research at financial services firm Wedbush Securities, told CNN's Erin Burnett that the idea is a “fictional tale.” U.S.-made iPhones could cost more than three times their current price of around $1,000, he added, because it would be necessary to replicate the highly complex production ecosystem that currently exists in Asia. “You build that (supply chain) in the US with a fab in West Virginia and New Jersey. They'll be $3,500 iPhones,” he said, referring to fabri [Read more]
IMPACT SNAPSHOT
EVENT TIME:
AAPL
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS