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Apple’s $350 iPhone Shock: How Tariffs Exposed the Fragility of Global Tech—And What It Means
6 months ago
New tariffs are significantly impacting the tech industry, as evidenced by Apple's substantial market value loss. This downturn highlights the fragility of the global tech supply chain, particularly the heavy reliance on manufacturing in regions like China and Taiwan. Consequently, consumers may face considerably higher prices for electronics, such as a potential $350 increase for iPhones. While some companies like Samsung and Tesla are better positioned to weather these changes, smaller tech businesses and consumers will likely bear the brunt of increased costs. The article suggests strategies for both consumers and investors to adapt to this new economic reality in the technology sector.
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