Apple Could Suffer Up To A 9 Percent Drop In Gross Margin Because Of Trump’s Tariffs If It Keeps Prices Unchanged; Analyst Highlights Steps To Help Company Minimize Its Losses
The global economic landscape is about to witness a series of shocks as U.S. President Donald Trump announced various tariffs for different regions. As you would expect, some of those countries hold paramount importance for Apple because it has established entire supply chains there, which will now be adversely affected by these levies. One analyst states that if the company decides to keep its product prices unchanged, it could suffer between 8.5-9 percent reduction in its gross margins, which will severely hurt it financially. Instead, the latest details mention what steps Apple should take to curb those impending losses. Analyst […]