JimmyHua
05-13

$Apple(AAPL)$ Raising iPhone prices now? That’s a gamble Apple doesn’t need to take. Here's why it could backfire:

  1. Global Economic Pressures: From rising interest rates to consumer debt fatigue, this is not the environment to ask people to pay more for a phone — even an iPhone.

  2. China Sales Already Slumping: Apple is already losing share to Huawei and local brands in China. A price hike could accelerate that trend at a very bad time.

  3. Diminishing Innovation: Recent iPhones have seen incremental upgrades, not groundbreaking changes. Customers might not see enough added value to justify a higher price.

  4. Competitor Edge: Samsung, Xiaomi, and others offer premium features at lower prices. Apple risks pushing budget-conscious consumers away from its ecosystem entirely.

Conclusion: Apple’s pricing power is real, but not infinite. In a fragile global market, this move feels more like arrogance than strategy.

Mag 7 Earnings Wrap-up: Is AI Boom Still Driving the Market?
Big Tech's earnings season is nearly complete — with only Nvidia left on deck. Among the Magnificent 7, 3 names rallied after their reports, while Tesla, Amazon and Apple stumbled. As earnings wrap up, one question remains: did this quarter reaffirm your faith in Big Tech? Who surprise you the most? Is AI boom still the best theme in stock market?
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