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Tim Cook Explains How Tariffs Are Impacting Apple's Business

MacRumors LogoMacRumors1d ago

Tim Cook Explains How Tariffs Are Impacting Apple's Business - MacRumors

Quick Summary:

Cook said that tariffs had a limited impact on the March quarter as Apple was able to optimize its supply chain and inventory.

Apple can't entirely estimate the impact of tariffs on the June quarter due to uncertainties, but with no changes, the tariffs will add $900 million to Apple's costs.

For the June quarter, Cook said that Apple expects the majority of iPhones sold in the U.S.to have India as a country of origin, while Apple will continue sourcing other products from Vietnam.


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Article Details

Author / Journalist: Juli Clover

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-01 @ 14:35:55 (1 days ago)

News Timezone: GMT +8:00

News Source URL: macrumors.com

Language: English

Article Length: 1355 words

Reading Time: 8 minutes read

Sentences: 67 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © MacRumors

News ID: 28313739

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Official Website: macrumors.com

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News Last Updated: 18 hours ago

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