In theory, yes, because Iphone

In theory, yes, because Iphones are a luxury product where high prices enhances exclusivity.

I don't think Apple would be able to manufacture iphones in the US, though, the lack of the appropriate supply chains have been brought up many times before. If they could though, I can imagine the advertising; The Iphone, handcrafted in America, for Americans. $5000.

Mag 7 Earnings Wrap-up: Is AI Boom Still Driving the Market?

Big Tech's earnings season is nearly complete — with only Nvidia left on deck. Among the Magnificent 7, 3 names rallied after their reports, while Tesla, Amazon and Apple stumbled. As earnings wrap up, one question remains: did this quarter reaffirm your faith in Big Tech? Who surprise you the most? Is AI boom still the best theme in stock market?

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