Lenovo laptops are no essential goods. But if everyone holds on to their laptop for 5 years instead of 4 years, that would hit their yearly sales by 20%. If that’s a lot depends on their margins.
Since you mentioned foods: Tarrifs will also impact food sales. People will prioritize cheaper foods. Avoid softdrinks, icecream and other non-essentials. They might also eat less meat and labor intensive fruits like grapes.
Nobody has infinite money. Everyone is affected differently by tarrifs. But everyone is affected by it and will change their consumption in some way, may it be the essentials or luxury goods. Lenovo will also be affected.
Lenovo laptops are no essential goods. But if everyone holds on to their laptop for 5 years instead of 4 years, that would hit their yearly sales by 20%. If that’s a lot depends on their margins.
Since you mentioned foods: Tarrifs will also impact food sales. People will prioritize cheaper foods. Avoid softdrinks, icecream and other non-essentials. They might also eat less meat and labor intensive fruits like grapes.
Nobody has infinite money. Everyone is affected differently by tarrifs. But everyone is affected by it and will change their consumption in some way, may it be the essentials or luxury goods. Lenovo will also be affected.