Once again. Companies do NOT pay tariffs. They pass on those costs of those tariffs to their customers. YOU are gonna pay that extra 25% not Apple.
that’s fine. iphones are so cheap, people can handle even 50% tariffs. apple is worth every penny /s.
going to buy a cmf phone 2 now…
how long is it going to take, before you realize its too late? if they didn’t realize by now, they aren’t going to
Trump will never ever admit he’s wrong, but I’m curious how the voters will react when everything costs 50% more all of a sudden.
They’ll probably blame Biden somehow, but I’m curious still
He’s already called all the stock market turmoil “Biden’s market”, hilariously.
It’s extremely misleading to say “companies do not pay tariffs” and then immediately explain that companies do indeed pay tariffs.
Unless the companies eat the tariffs. But greedy companies will pass them on
Is it only tariff costs that are passed on to employees and customers or are all corporate tax costs passed on to employees and customers?
At the end of the day it’s all of it. Some of it is built into their existing model, some of it is constant etc but they include it all in the calculations to come up with the prices. New costs like these tariffs get added to the overall margin calculation and a new price is set.
Still there is another side of it that also interesting. These companies has done their calculations so the cost of the product is perfect. Increasing that price means less people will buy the product.
Increasing that price means less people will buy the product.
Unless your competitors are also facing the same forced price increase.
The Art of Extortion.
Step 1. Add Tarrifs.
Step 2. Wait till the share price falls.
Step 3. Buy in low.
Step 4. Lift the tariffs again.
Step 5. Wait till the share price rises.
Step 6. Profit.
If you think you can’t ever put stocks on a hot sale think again.
What about the components? Should they also be produced in the US?
Let’s be clear, producing the iPhone in the US would be more than a 25% cost increase.
This past Monday, John Stewart of The Daily Show interviewed Patrick Mcgee who discussed the jaw-dropping amounts of money Apple spent building out Chinese electronics supply chains which had deep implications. -It made for an interesting case if true.
On that note, I suspect that a 25% tax is cheaper by far than the cost of building out state of the art silicon fab on US soil, plus the additional cost of paying Americans to do the manufacturing/assembly. Would you rather buy an iPhone for $1250 or $4000?
Did trump just confuse a possessive s for a plural s?
That is the least of his linguistic faults.
style errors are easily forgiven. study a foreign language or a programming language to get some empathy
suspending habeas corpus? he should be in so many heaps of trouble. the guillotine was a nasty, evil piece of work, and anyways
I’m not even a native speaker, so I think I’m allowed to criticise that
Autocorrect more likely
It happens to people and I don’t know why
This perfectly sums up the shortfalls of Trumpian populism in the face of Late Stage Capitalism.
Tim Apple make your phones in America the king has spoken.
People are looking to much into his Tax Bill and Crypto Dinners. They can’t pass legislation secretly in the dead of night if the media and public aren’t distracted by bullshit.
It hasn’t been half a year yet and the firehouse of chaos that is Trump is impossible to keep up with.
CSJDIA.
He still doesn’t understand how tariffs work…
Trump has become schizophrenic again.
Trump has a lot that seems might be wrong with him, but schizophrenia never really seemed to be on the list. Narcissism, dementia, psycho-/socio-pathy, compulsive lying, and possibly more, but I’ve never gotten the feeling he displayed the hyperpatternicity I associate with schizophrenia.
Honestly he sounds like just about every old man I’ve ever met, rambling on about whatever nonsense is running through his head at any given moment.
That’s unfortunate. Most octogenarians I’ve met are far more thoughtful and kind than Trump has ever been.
Sigh…at least Apple is getting screwed over though. They’ve been impeding right to repair for a long time, perhaps their karmic debt is finally catching up to them.
nah they just need to survive the storm for a yeas and a half and start funding dems house races. far cheaper than allowing you to repair your device.
4 more years of this comedy over there, im laughing too much already! xD
it effects the entire world pal, just cause its not visibly right outside your front door doesnt mean youre above it
also, being smug is a shitty look
are you going to keep laughing when he extorts another world leader of a country Russia is invading? Or helps finish off palestine for good?
Let’s not armchair diagnose people, please.
I think you suffer from anti armchair diagnosis.
This is the dumbest comment I’ve read all day but I’ve been chuckling about it for a good couple of minutes.
Armchair Derangement Syndrome. It’ll be in the DRM-3000, the biggest and best book by the bestest doctors who have spent decades researching the woke mind virus. It’ll also cover things like “Fluoride Delusion Disorder” - the belief that fluoride in public water isn’t a government brainwashing program.
It’s always disappointing to see how much people on here hate people with mental disabilities. Under no circumstances would anyone be OK with comparing Donald Trump to another minority. I think even insulting him by calling him fat is perceived as too gauche. But ableism? 100% OK by most of Lemmy.
I think most people on here are frustrated with the “sanewashing” by most media outlets.
The drumbeat of “ableism” is more of a bell ringing to make sure that people understand that Krasnov is very unwell and seriously unfit for any decision making position.
Wanting someone with disastrous mental health issues to not be capable of launching a nuclear strike isn’t ableism.
Would you loan a gun to a friend who’s been really depressed lately? According to you, you should.
Krasnov
Wat?
Wanting someone with disastrous mental health issues to not be capable of launching a nuclear strike isn’t ableism.
Would you loan a gun to a friend who’s been really depressed lately? According to you, you should.
Oh, I forgot that Truman, the only person in history to actually use nuclear weapons, famously only did so because he had depression. Or he was a perfectly mentally well person who was also a racist to the extent that he didn’t care about the lives of Japanese children. One of those. I always get it confused.
Anyway, the answer to who I would loan a gun to and who should be capable of launching a nuclear strike is the same: no one. But I would trust your averaged depressed person with the nuclear codes more than I would Trump. To be clear: if Trump has a mental illness, that is not the thing that is wrong with him. What’s wrong with him is that he’s a fascist.
They don’t hate people with disabilities, they just don’t want them to be President.
I had a co-worker who said he didn’t want a woman to be president because “she’d start a war every month.” I guess he’s not really misogynist like I thought.
That’s ableist though. Implies disabled people are inherently inferior if you don’t want them to be president.
Roosvelt was in a wheelchair much of his time and he did “fine”.
(Technically I’m against the idea of politicians at all so don’t feel like glorifying them).
Implies disabled people are inherently inferior if you don’t want them to be president.
We’re not talking about “disabled people”, we’re talking about people with mental illness that impairs them.
Roosvelt was in a wheelchair much of his time and he did “fine”.
Physical disability is absolutely not be the same thing. Would you vote fuckin Ted Bundy for President?
Technically I’m against the idea of politicians at all
Okay so just complete anarchy then? Everyone for themselves?
Airline pilots and train drivers must be passed as mentally fit before they’re allowed to control the destiny of a few thousand people.
Perhaps at least that much care could be taken with the job that holds the ability to launch nuclear weapons.
I think I will. Thanks for your input though.
Let’s. And don’t tell us what to do.
You’re right. There’s absolutely no evidence of Trump being not of sound mind.
Lmfao
Yeah I don’t like the sort of sanism it often implies.
Thank you for your attention to this matter
Even with tariffs it’s still not financially viable to Apple to bring manufacturing to the U.S. and if they still decided to it would take 10to 15 years to get going. It ain’t gonna happen. Sad oompa-loompa.
Trump is playing the long game (or long-con). Changing laws about presidential reelection is next. And then he may die next term, but the Pope-killer will take over his reins.
Oompa loompa Trumpty Do, Donny is an idiot who flunked out of school. He is only know because of his daddy’s millions which he squandered like a stupid fool. Then one day television came to play. Donny sitting in his dirty run down office like a loser all day. They reinvented him as a successful business man, but the truth is he is a cuck with no fucking plan. Now this poser sits in the highest office of our land, shitting his pants and tweeting all day.
I see the problem here. He’s talking to Tim Cook, who’s CEO of some cooking company. He needs to talk to Tim Apple.
He’s actually cooking apple pies. Or is it called baking? Is it Tim Bake?
No, tim doesn’t get baked, but we’re planning on it tonight
I want to elect Pine for the next CEO
It’s coming true.
And again “tariff must be paid by Apple” really shows that he still has no idea how they work.
Made in India + 25% tariff is still cheaper than made in Murica.
That BS is just for media.
And it’s actually usable.
Tbf the labor will be done by the minorities and undesirables they will keep throwing in prison without due process