The President of the United States Donald trump is threatening from 1 September to impose a 10% tariff on Chinese imports.
Analysts at investment Bank Bank of America Merrill Lynch calculated that the largest us Apple may lose a significant portion of annual profit, but iPhone is more expensive.
Experts report that the impact of new tariffs on profits in terms of one share, will be approximately 50-75 cents, while the iPhone accounts for about 30-50 cents profit. Analysts predict that the new rates may cause rise in price of iPhone by 10%, which in turn may reduce the demand for “Apple” smartphones 20% — about 10 million units.
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