Noted Apple analyst Ming-Chi Kuo released his latest investor note which takes a look into Apple's supply chain logistics and the consequences of the latest tariffs imposed on China by the Trump administration. According to Kuo, Apple is prepared to absorb the extra expenses and the tariffs won't lead to a price increase for Apple products at least in the short to mid term. In addition, Kuo believes Apple will work to boost its non-Chinese production so it can match the demand of the US market thus avoiding the extra tariffs altogether. The new report comes just days after...
Source: https://www.gsmarena.com/kuo_apple_wont_raise_prices_due_to_higher_tariffs_us_demand_will_be_met_by_global_supply_chain-news-38501.php
