
Apple's $100 Billion Manufacturing Push Likely Won't Raise Product Prices, Says Gene Munster — Made In USA iPhone Still Off The Table

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Apple's $100 billion investment in U.S. manufacturing is not expected to raise product prices, according to Gene Munster of Deepwater Asset Management. He noted that the investment will focus on U.S.-made components rather than iPhone assembly, which will remain overseas. This strategy is seen as beneficial for Apple's profit margins. Despite political pressure for domestic iPhone production, experts believe it remains unfeasible due to high costs. Following the announcement, Apple's stock rose 5.10%, reflecting positive market sentiment.
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