Apple innovation truly looks dead at this point. At $1200 I expect them to be made in the USA by union workers.
Even Apple can’t eat hundreds of dollars in extra cost per phone in competition with AI memory consumption.
Every one else is raising prices at so they will too.
Like say Apple invests billions of dollars into American iPhone production to at least produce the tens of millions to sell in the US - then what? Apple just accepts the the US market is basically a wash where profits are a fraction of the rest of the world with Chinese/Vietnamese/Indian models? And you anticipate that other countries won't mandate the same thing?