Apple -customers rush to buy 'iPhone' for fear of high prices due to fees

The threats of the Trump administration to impose large customs duties led to a sharp drop in the price of Apple’s share, but at the same time it created a brief benefits represented by the flow of customers to retail stores to buy an iPhone. Employees from several branches told “Apple” across America that the stores were full of buyers this past weekend, and many of them expressed concern that prices would rise significantly after the fees were set. It is noteworthy that most of the “iPhone” devices, which are the best and important product for the business, are manufactured in China, on which customs pie lights will be imposed up to 54%. One of the employees said, “The store was full of customers who buy phones from panic,” he added and asked to count his identity because he did not obtain an official statement to speak to the media: “Almost every customer asked me if prices would rise soon.” According to the employees, the atmosphere was more like the holiday season, although the crowd did not reach the level of the new “iPhone” launch. One of them said, “People rush to go in while worried and ask questions,” and add that the company has not issued any instructions to employees on how to handle these queries. This rush led to an increase in sales. A loyal person confirmed that Apple stores in America recorded higher sales during the weekend compared to previous years in some major markets. And a “Apple” spokesman refused to comment. Apple is expected to announce its results for the second fiscal term on the first May, which will give CEO Tim Cook and CFO Kevin Bakra the opportunity to discuss the impact of expected fees. During the call, Cook indicated to announce the results of the previous quarter that the company was studying antiquities, but it would not be attached at that time. Apple, a strong battle for the stocks, was hit by a strong strike in the stock market for fear of fees, because in just two days it lost more than half a trillion dollars in its market value, and the share recorded the worst performance in three days since the Internet bubble crisis in 2001 to perform the compensation of the fees. It also seeks to reduce future damage by targeting more crafts in India to the US market, where there is expected to be fees on Indian products less than those imposed on China. Apple has also worked for years to transfer part of the manufacturing operations to Vietnam, facing less fees. The company There are Apple Watches, “Mac”, “Airbods” and “iPad”, as well as models of “Mac” produced in Ireland, Thailand and Malaysia. The most important “Apple” store was in the Fifth Avenue in New York on Monday afternoon. “I was planning to buy iPhone 15 for my little sister, but when I read Wall Street News this morning, I decided that the time is right to buy,” said Ambar de Elea, of Buenos Aires and visited New York. Reduction of high prices. Analysts are trying to estimate the impact of 54% customs rights on prices, and some believe that the iPhone devices for two thousand dollars or more can be sold. But according to Bloomberg’s reports, Apple is likely to take several steps to lower high prices, including pressure on suppliers and wearing lower profit margins. It is noteworthy that ‘iPhone’s main model is still from $ 999 since 2017. De Elea said: ‘I think people here are out of fear … no one knows what will happen. And if we have the opportunity to buy at a cheaper price, we will of course do. ‘ One of the employees said he did not exclude that the rush will continue in the coming days. Another added that this time of year is usually a quiet season because the new versions of “iPhone” are launched in September, but many clients have decided to update now. This wave can contribute to the support of the company’s third quarter results, which extends to June, where “Apple” is currently selling a share already prepared. As for the actual effect of the fees, it can only appear in the next term.