Connect with us
https://tickernews.co/wp-content/uploads/2023/10/AmEx-Thought-Leaders.jpg

Tech

Apple may increase iPhone prices despite tariff management

Apple may increase iPhone prices despite managing Trump-era tariffs effectively ahead of new model launch

Published

on

Apple may increase iPhone prices despite managing Trump-era tariffs effectively ahead of new model launch

video
play-sharp-fill
In Short:
– Tim Cook strengthened Apple’s U.S. investment with a $100 billion commitment despite tariff pressures.
– Analysts predict iPhone price rises due to increased component costs and enhanced features.
Apple CEO Tim Cook has successfully managed the company’s relationship with the White House amid tariffs.
Cook presented President Donald Trump with a gold plaque while announcing a $100 billion U.S. investment.
This was part of a broader commitment to spend $600 billion in the U.S. over the next five years.Banner

Despite these efforts, analysts predict Apple may raise iPhone prices due to ongoing tariff pressures.

CounterPoint’s Jeff Fieldhack noted speculation about a potential increase. While Apple has managed the impact of tariffs better than anticipated, it has incurred costs amounting to $800 million recently.

Pricing Trends

Apple has a history of cautious pricing strategies.

While it has not raised prices significantly in recent years, component costs have increased. Analysts expect upcoming iPhones to boast enhanced features, which could justify a price rise.

Additionally, reports suggest an entry-level Pro model may be eliminated, leading consumers to face higher starting prices for new devices. Cook previously stated that there were no immediate price changes to announce.


Download the Ticker app

Ahron Young is an award winning journalist who has covered major news events around the world. Ahron is the Managing Editor and Founder of TICKER NEWS.

Tech

Sam Altman predicts superintelligence could appear by 2028

Sam Altman warns superintelligence may arise by 2028, advocating for global cooperation and a new governing body for AI.

Published

on

Sam Altman warns superintelligence may arise by 2028, advocating for global cooperation and a new governing body for AI.

OpenAI CEO Sam Altman has issued a bold prediction, suggesting that early forms of superintelligence could emerge as soon as 2028. Speaking at the India AI Impact Summit, Altman emphasised the urgent need for global cooperation to manage AI development responsibly.

He proposed the creation of an international oversight body for AI, similar to the International Atomic Energy Agency, to prevent misuse and ensure ethical advancements. Altman also raised concerns about authoritarian control in exchange for technological gains, highlighting the geopolitical stakes of AI.

With over 100 million users in India alone, ChatGPT has become a key part of the AI landscape. Altman acknowledged potential job disruptions but expressed optimism about society’s ability to adapt to rapid AI changes.

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker


Download the Ticker app

Continue Reading

Tech

Apple faces legal action as West Virginia sues over child safety

West Virginia AG John McCuskey sues Apple for failing to block child abuse material on iCloud and iOS devices.

Published

on

West Virginia AG John McCuskey sues Apple for failing to block child abuse material on iCloud and iOS devices.

West Virginia’s attorney general John McCuskey has filed a lawsuit against Apple Inc., alleging the tech giant failed to properly prevent child sexual abuse material from circulating on iCloud and iOS devices. The legal action claims the company’s strong stance on user privacy may have come at the expense of child safety protections.

McCuskey argues that other major tech firms, including Google and Microsoft, have taken stronger steps to detect and remove such content. The lawsuit intensifies scrutiny on how Silicon Valley balances encryption, privacy, and online safety.

The case could have major implications for Apple’s privacy-first branding and how platforms police illegal material moving forward.

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker


Download the Ticker app

Continue Reading

Tech

Zuckerberg testifies on social media addiction and child safety

Meta CEO Mark Zuckerberg testifies in LA trial over claims that platforms are addictive and harmful to children.

Published

on

Meta CEO Mark Zuckerberg testifies in LA trial over claims that platforms are addictive and harmful to children.

Meta CEO Mark Zuckerberg, is testifying at a landmark social media trial in Los Angeles, marking a pivotal moment in the debate over online child safety. Lawyers for the plaintiffs argue that Meta intentionally designed its platforms to be addictive, putting young users at risk.

This is the first time Zuckerberg has addressed concerns about child safety directly before a jury, with KGM’s case acting as one of around 20 test trials aimed at gauging how jurors respond to claims that social media companies knowingly fuel harmful engagement.

The outcome could set the tone for future litigation against tech giants and reshape how platforms are designed, regulated and held accountable.

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker


Download the Ticker app

Continue Reading

Trending Now