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Apple iPhone ‘Panic Buying’ Reported Before Possible Price Rises — Should You Buy? [Forbes]
Last apple inc. earnings: 4/30 04:30 pm
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US:NASDAQ Investor Relations: investor.apple.com
Here's what we know so far. The report came from who posted on X. “Employees from multiple Apple stores say they've been slammed over the weekend with people ‘panic buying' because of anticipated price increases,” Gurman said. While the tariffs have been seen by some as causing price increases, the iPhone has come in for extra focus. Some say that the price of the most expensive iPhone 16 Pro Max could rise from $1,599 to $2,300 while other analysts predict that making iPhones in the U.S. would mean they would cost $3,500. Here are the things to bear in mind if you're thinking of buying. First, the prices which have been floated, which Gurman described as “Absurd, irresponsible, clickbait. Just completely pulled out of thin air,” don't seem to take into other factors. MORE FOR YOU Apple may not pass on the full cost to consumers, for a start, reducing its profit margin instead. It may also work with supply chain manufacturers to drive down costs, and move some of its product
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