Apple may soon be forced to put up prices in response to the ongoing tariff war–and that’s not a pundit saying that, but one of the company’s own official statements.
On page 23 of its latest 10-Q SEC filing (which you can read on the Investor Relations web page), Apple discusses risk factors which could affect its operations and stock price. The first to be discussed (at some length) is tariffs:
“Restrictions on international trade, such as tariffs and other controls on imports or exports of goods, technology or data, can materially adversely affect the Company’s business and supply chain,” the statement reads.
Read more at Macworld.com