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iPhones cost to rise if December tariffs hit

Video Credit: 23ABC News | Bakersfield - Duration: 00:40s - Published
iPhones cost to rise if December tariffs hit

iPhones cost to rise if December tariffs hit

You've now got until December 15th to buy holiday electronics before they get hit with a ten percent tariff.

And that includes new iPhones.

YOU'VE NOW GOT UNTIL DECEMBER15-TH TO BUY HOLIDAYELECTRONICS BEFORE THEY GET HITWITH A TEN PERCENT TARIFF.AND THAT INCLUDES NEW I- PHONES.PRESIDENT TRUMP HAD PLANNED TOPUT A 10 PERCENT TAXON CHINESE IMPORTS NOT ALREADYSUBJECT TO TARIFFS.BUT A U-S TRADE REPRESENTATIVEANNOUNCED IT'S BEEN DELAYEDUNTIL MID-DECEMBERTHAT GIVES COMPANIES -- LIKEAPPLE -- TIME TO FIGURE OUT HOWTO HANDLE EXTRA COSTS.APPLE GENERATES 17 PERCENT OFITS REVENUE FROMCHINA.ONE SECURITIES ANALYST SAYS IFTARIFFS ARE IMPLEMENTED INTO20-20, APPLE WOULD HAVE NOCHOICE BUT TO RAISE I-PHONEPRICES BY UP TO 100 DOLLARSEACH.SNAP-CHAT'S PARENT COMPANY,"SNAP," HAS UNVEILED




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