Checked pricing on new iPhones with my carrier this morning and was stunned that they hadn't been increased. In the meantime, just waiting for the other shoe to drop.
Also, the reciprocal tariffs agreement between China, Japan and South Korea against the US pretty much guarantees smart phones will be pretty spendy once this gets rolling.
Sure, but companies are bound to make the price adjustment to begin paying for the tariffs immediately. They aren't going to wait for specific units of inventory to make their way all they way through the supply chain.
I’m familiar with the industry, from my experience some manufacturers give 60 day notice before price increases hit retails stores. So we’ll probably see the bulk of the increases during the summer.
Car manufacturers already raised prices for cars sitting on the lot, in anticipation of the tariffs. Doesn't matter that they were imported beforehand.
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u/Strict_Foundation_31 1d ago
Checked pricing on new iPhones with my carrier this morning and was stunned that they hadn't been increased. In the meantime, just waiting for the other shoe to drop.
Also, the reciprocal tariffs agreement between China, Japan and South Korea against the US pretty much guarantees smart phones will be pretty spendy once this gets rolling.