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President Donald Trump considers Apple can make your iPhone signature in the US to avoid new tariffs. NEEDHAM analyst Laura Martin is not sold.
“I don’t think it’s a matter,” Martin said at The Exchange CNBC, responding to the White House press secretary Carolyn Livita about the technological giant that brings iPhone to America.
Martin said Cost 3500 dollars when produced in the country.
In addition, the process that moves its supply chain to the US will take years, Martin said. Most supply experts say it is impossible to make iPhones completely in the US.
When asked by the reporter about moving to the iPhone, Leavitt said Tuesday that Trump wants to bring production jobs in the US in specific ones, she replied that he believed that the United States has labor and resources to make a smartphone domestically.
“He considers
“And as you know in Apple there is Invested $ 500 billion Here, in the US, “Livit added.
Martin’s comments come as Investors dump Apple shares Given its production in China. The Asian country is facing a cumulative tariff of 104% immediately after midnight after Trump retaliation for Tat. Other countries where apples are also manufacturers, such as India and Vietnam, are also confronted.
All together, Martin said Trump’s tariffs would push Apple’s costs about 50% higher.
Apple is divided into a session on Tuesday, and the shares last almost 2%. Over the last five trading days, the shares have been immersed in about 20%, as investors estimated that Trump’s plan was designed for the famous iPad and iPad manufacturer, among other products.
Apple, 5-day
UBS estimated on Monday that a mutual Trump’s tariff plan can force Apple to increase its high -end iPhone, 16 Pro MAX, according to As many as $ 350 for US consumers. Martin warned that Apple, which goes down the cost for the US, could increase inflation.
For investors, Martin said to pause before buying the immersion.
The analyst has not yet adjusted profits for the company, given the uncertainty around trade policy. She said traders could be more disadvantage when the levies come into force as initially presented or when the business encounters other blows.
“There are many worse cases for Apple,” Martin said, listing Chinese or countries that invade Taiwan like two examples.
– KIF LESWING CNBC made their contribution to this report.
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