iPhone Prices may be hiked by Rs 12,000
The trade war between US and China is very likely to affect prices of various products that are shipped from China to the US.
The Trump administration has suggested a hike in the import tariff on the products that are imported in from China.
In accordance to this, HSBC reported that the prices of iPhones in the US may be increased. It is now in the hands of Apple to either pass this hike on to the customers; or to reduce its forecast of earnings for 2020.