iPhone price hike: Apple CEO Tim Cook says it's not linked to tariffs imposed by Donald Trump
Apple CEO Tim Cook clarified that recent iPhone price hikes are unrelated to Trump's tariffs, despite earlier concerns. While Apple shifted supply chains to mitigate tariff impacts, Cook acknowledged $800 million in tariff costs. The new iPhone 17 series is seeing strong demand in China, with pre-orders breaking records.
Apple CEO Tim Cook clarified that recent iPhone price hikes are unrelated to Trump's tariffs, despite earlier concerns. While Apple shifted supply chains to mitigate tariff impacts, Cook acknowledged $800 million in tariff costs. The new iPhone 17 series is seeing strong demand in China, with pre-orders breaking records.
