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Should you upgrade Apple gear now to beat rising prices from tariffs?
- President Trump's 54% tariff on Chinese imports could lead to higher costs for Apple products, prompting consumers to consider upgrading now to avoid potential price hikes.
- Apple is facing the decision of absorbing tariff costs or passing them on to consumers, potentially resulting in price increases of up to 43% for products like iPhones.
- Analysts suggest Apple may delay significant price hikes until the launch of the iPhone 17 in September, providing a window for consumers to buy at current prices.
- Factors like the longevity of current devices and the value proposition of immediate upgrades should be considered before purchasing Apple products.
- Analysts question Apple's ability to pass on full tariff costs to consumers, and potential exemptions or manufacturing shifts could impact price increases.
- Consumers are advised to weigh their need for an upgrade against potential price hikes, as uncertainties around tariffs and market responses remain.
- The decision to upgrade Apple gear now should consider the potential risks of price increases against the current state of devices and financial constraints.
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