APPLE CONSIDERS RAISING IPHONE PRICES, WITHOUT BLAMING TARIFFS

Summary from the TLDR newsletter

Apple is considering price increases for its fall iPhone lineup. It is determined to avoid any scenario in which it appears the price increases are attributed to US tariffs on goods from China. The US and China agreed yesterday to suspend most of the tariffs they had imposed on each other. Chinese factories will continue to handle the bulk of production for Apple's most profitable and high-end phones. While Indian factories are capable of producing Pro models, the country's infrastructure and technical capabilities are not yet able to support mass production at the same scale as China.