Apple’s Hit with $900M in Tariffs, Yet CEO Tim Cook Sidelines Price Increases... For Now
Amidst the volatile global economic landscape, flashy tech giant, Apple, remains a hotbed of intrigue and speculation, particularly with the latest tariff drama. The tech behemoth has felt the sting of a whopping $900 million in tariffs, a situation that would normally send companies scrambling to announce immediate price hikes. But in a move akin to a tightrope walker performing without a net, Apple’s leading man, Tim Cook, has kept a stoic silence, foregoing any announcement of price increases.
Is this a calculated gamble, a transparent move to maintain market confidence, or the calm before a storm of drastic price changes? The enigmatic Cook isn’t dropping any hints. But one thing’s for sure: Apple isn’t just about pioneering tech products, it’s also about revolutionising business strategy. The world waits with bated breath as one of the globe’s premier tech powerhouses finds itself walking a tariff tightrope.
- •Despite paying $900M in tariffs, Apple’s Tim Cook isn’t announcing price increases — yet techcrunch.com02-05-2025