iPhone price hikes aren’t tied to tariffs, Apple CEO says
Apple CEO Tim Cook attributes iPhone 17 Pro's $100 price increase to inflation and supply chain adjustments, not tariffs, while investing $600 billion in U.S. manufacturing.
10 Articles
10 Articles
Apple CEO Tim Cook: No, iPhone price hikes are not tied to U.S. import tariffs
Apple CEO Tim Cook Apple CEO Tim Cook informed CNBC that recent price increases on certain iPhone models are not tied to tariffs. The statement coincided with the global launch of Apple's latest iPhones. Apple has mostly sidestepped the impact of President Trump's push for reciprocal trade between America and the world while committing to a $600 billion investment in U.S. manufacturing. Samantha Subin for CNBC: "There's no increase for tariffs…
At the global premiere of the new iPhone models, Apple CEO Tim Cook clearly denied in an interview with CNBC that this year's price increase was related to President Donald Trump's sweeping tariff plans.
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