Apple Stock News: Smart Glasses
Apple Stock News: Apple’s second-generation smart glasses will be able to change their interface mode depending on whether they’re connected to a Mac or an iPhone. The glasses will compete with Meta Ray-Bans, although the first version of Apple’s smart glasses won’t feature an integrated display. Apple’s first smart glasses are set to go on sale in 2027 and will support music playback, camera functionality, voice control, and potential health features.
Cheaper Than Expected
According to analyst Ming-Chi Kuo, the manufacturing cost of Apple’s rumored foldable iPhone might turn out lower than expected due to significant reductions in hinge component prices. The average selling price (ASP) of the hinge is projected to be around $70-$80 during mass production, much lower than the initially anticipated range of $100-$120. This reduction can be attributed to assembly design optimizations and Foxconn’s influence on scaling up production.
A joint venture between Foxconn and Taiwanese hinge manufacturer Shin Zu Shing (SZS) has secured about 65% of Apple’s hinge orders, while US-based Amphenol will cover the remaining 35%. Kuo noted that Foxconn holds a larger share in this partnership and leads its future development. This decrease in hinge pricing could greatly benefit Apple by either lowering the retail price or boosting profit margins. The company plans to release its first foldable iPhone in Fall 2026 along with models like iPhone Air 2, iPhone 18 Pro, and iPhone 18 Pro Max.
Tax Law
Apple is seeking changes to India’s tax laws to avoid paying billions of dollars in taxes on equipment owned within local iPhone factories. Under current regulations, ownership of costly manufacturing machinery creates a “business connection,” potentially subjecting Apple’s global profits to taxation in India. This issue poses a challenge to the company’s expansion efforts. In contrast, Apple follows a different approach in China, where it purchases specialized equipment and supplies it to its partners without triggering local tax obligations. If applied similarly in India, this practice could lead to substantial tax risks. The matter is being actively discussed with the Indian government as the country becomes an important center for iPhone production.
