US EditionApple edges past expectations as world girds for tariff impact
- In April 2025, President Donald Trump imposed sweeping tariffs on Chinese-made goods, severely impacting Apple, a Cupertino-based technology leader.
- The tariffs targeted Apple due to its reliance on Chinese factories for iPhone production, raising fears of inflation and recession while rattling financial markets.
- Apple’s stock dropped 23%, wiping out $773 billion in market value before President Trump’s temporary exclusion of iPhones from tariffs, though the shares remain nearly 5% lower compared to April.
- Despite challenges and delays in AI features on the iPhone 16 lineup, Apple reported a 1.9% rise in phone sales to $46.84 billion, beating Wall Street expectations.
- Facing tariff pressures, Apple plans to shift U.S. IPhone production from China to India, a process expected to complete no earlier than next year amid complex logistics.
379 Articles
379 Articles
Cost of iPhone ‘made in the USA’ revealed as Apple boss issues warning
APPLE CEO Tim Cook said the company expects US tariffs to slap an extra $900 million onto its costs this quarter. Cook revealed the tech giant raked in $95.4 billion in revenue last quarter but warned that tariffs could soon impact its bottom line. GettyApple generated $95.4 billion in revenue over the last three months[/caption] GettyThe tech giant also reported earnings per share of $1.65 – up more than 7 percent[/caption] AFPTariffs may add $…
iPhones & Co.: Loss of China – Apple's delicate departure from the cheap workbench
The US customs policy forces Apple to make costly production shifts. Two countries in particular benefit from this. In the long term, Apple no longer wants to produce the entire US demand for iPhones in China. However, there is also a threat of new pressure for the company.
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