In new SEC filling, Apple warns tariffs would increase product prices & more

In new SEC filling, Apple warns tariffs would increase product prices & more

Apple’s filing with the SEC follows comments made yesterday by Tim Cook during the company’s Q3 earnings call.

During that call, Cook explained that tariffs ultimately end up showing themselves as an added tax on consumers and that he hopes “calm heads prevail” in ongoing talks between the United States and China.

At this point, the Apple Watch looks most likely to be affected by a fourth round of tariffs.

9to5Mac

https://9to5mac.com/2018/08/01/apple-sec-filing-tariffs/