IPhones Could Get More Expensive Thanks to New Tariffs

IPhones Could Get More Expensive Thanks to New Tariffs

Assessment

Interactive Video

Business, Architecture

University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses the impact of tariffs on Apple, focusing on how tariffs have minimally affected certain products like leather cases and chargers. The iPhone, a key product, is now facing potential tariffs, which could lead to a price increase or affect Apple's profits. Apple has managed to avoid tariffs on some products like the Apple Watch and AirPods through exemptions. The video speculates on Apple's future strategies, suggesting a mix of price increases and absorbing costs if tariffs are imposed.

Read more

5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the initial impact of tariffs on Apple's products like leather cases and chargers?

Increase in sales

Complete exemption from tariffs

Minimal impact

Significant increase in prices

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the estimated price increase for iPhones if Apple passes the entire tariff cost to consumers?

20%

5%

10%

15%

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which Apple products were previously exempted from tariffs?

iPads and iMacs

Apple TV and HomePod

iPhones and MacBooks

AirPods and Apple Watch

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What strategy might Apple use if iPhones are subjected to tariffs?

Stop selling iPhones in the US

Mix of price increase and cost absorption

Increase prices significantly

Absorb all costs

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the speculation regarding the US government's tariff announcement on iPhones?

It is a confirmed decision

It is a negotiating tactic

It will be implemented immediately

It will not affect Apple at all