The Hustle Daily Show “A $3,500 iPhone?” Apple’s big tariff freakout
10 snips
Apr 11, 2025 Apple is facing some serious tariff-induced chaos, prompting them to move iPhone production in an urgent scramble. The discussion dives into the wild estimates of what American-made iPhones might cost. There's also a humorous take on the challenges of U.S. manufacturing, including workforce shortages and the ridiculous possibility of reverting to old tech. On another note, Prada has acquired Versace, while stamp prices are on the rise. Retail trends, including Walmart's competition with Amazon, add an interesting twist to the conversation.
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Apple's Tariff Avoidance Tactic
- To avoid tariffs, Apple shipped 600 tons of iPhones from India to the US.
- This equates to about 1.5 million iPhones, according to a Reuters report.
Potential iPhone Price Hike
- Apple faces pressure to move manufacturing to the US due to tariffs, but this could significantly increase iPhone prices.
- Analysts estimate prices could reach $3,500, according to reports from Bank of America and Wedbush Securities.
Challenges of US iPhone Production
- Producing iPhones in the US is challenging due to the complex supply chain and lack of specialized labor.
- Many components come from other countries, and US factories lack the necessary skills for iPhone fabrication.