US EditionApple’s iPhone Sales Soar Despite China Tariff Pressure (and Because of It)
UNITED STATES, JUL 31 – Apple expects $1.1 billion in tariffs for Q4 2025, increasing from $800 million in Q3, as it shifts supply chains amid ongoing U.S.-China trade tensions, CEO Tim Cook said.
- During the July 31, 2025, earnings call, Apple CEO Tim Cook projected tariff expenses of $1.1 billion in the July-to-September quarter.
- Amid escalating U.S.-China trade tensions, Apple Inc. faces steep tariffs on imports from China, where most iPhones are manufactured.
- Approximately $800 million in tariffs hit the June quarter, below the $900 million forecast, CEO Tim Cook noted during Apple's earnings call.
- According to AppleInsider, Cook cautioned investors that the projected $1.1 billion in tariffs next quarter will push the two-quarter total to roughly $2 billion by September’s end.
- Looking ahead, Apple plans to accelerate domestic manufacturing efforts and invest in artificial intelligence, leveraging the 3 billion iPhones sold milestone to enhance resilience.
18 Articles
18 Articles
Tim Cook: Apple faces a $1.1 billion tariff bill this quarter
Apple is facing high tariff costs in the current quarter, projected to reach a whopping $1.1 billion. The company's CEO Tim Cook shared the projections, based on current rates and policies, with investors during an earnings call on Thursday. The hike comes amid a continuous trade war between China and the U.S. government. SEE ALSO: India overtakes China in smartphone exports to U.S. In the quarter that ended in June, tariffs cost Apple $800 mi…
Apple’s iPhone Sales Soar Despite China Tariff Pressure (and Because of It)
Apple may be the tech company most exposed to the Trump-era global tariffs, with the majority of its iPhones still manufactured in China. But the company calmed Wall Street’s concerns with its latest financial results, which showed a surge in iPhone sales. CEO Tim Cook also laid out a roadmap to ease the impact of levies. During the April–June quarter, Apple’s revenue jumped 10 percent year-over-year to $94 billion, while net income rose 9 perce…
Apple braces for US$1.1B in tariffs as Cook outlines strategy to localize production
Apple is preparing for an estimated US$1.1 billion in tariff-related costs in the September quarter, CEO Tim Cook revealed during the company's third-quarter fiscal 2025 earnings call. The increase, compared with the prior quarter, is primarily attributed to higher sales volumes and some inventory buildup earlier in the year.
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