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Apple edges past expectations as world girds for tariff impact

  • In April 2025, Apple faced a steep stock price drop after President Trump unveiled sweeping tariffs targeting Chinese-made goods, including iPhones.
  • The tariffs arose from ongoing trade tensions and fears they could trigger inflation and a U.S. Recession, placing Apple in the center of this conflict.
  • Despite the tariffs and delayed AI features on the iPhone 16, Apple reported a 1.9% increase in phone sales to $46.84 billion in the first quarter of 2025.
  • Apple’s stock dropped 23%, wiping out $773 billion in shareholder value for a short period, while CEO Tim Cook held private discussions with President Trump and committed to investing $500 billion in the U.S.
  • The trade war pressures push Apple to shift iPhone production from China to India, though logistical challenges delay this move until at least 2026.
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Trump's tariffs could cost Apple $900 million this quarter, CEO Tim Cook says

Tariffs could add $900 million to Apple’s costs this quarter, Apple CEO Tim Cook said on Thursday.

·Portland, United States
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Apple World Today broke the news in on Wednesday, April 30, 2025.
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