Close Menu
Technology Mag

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    Razer’s Pro Click V2 Vertical Is the Ergonomic Gaming Mouse You’re Looking For

    July 27, 2025

    Apple beta season is here

    July 27, 2025

    The ICJ Rules That Failing to Combat Climate Change Could Violate International Law

    July 27, 2025
    Facebook X (Twitter) Instagram
    Subscribe
    Technology Mag
    Facebook X (Twitter) Instagram YouTube
    • Home
    • News
    • Business
    • Games
    • Gear
    • Reviews
    • Science
    • Security
    • Trending
    • Press Release
    Technology Mag
    Home » Apple says tariffs will cost it at least $900 million this quarter
    News

    Apple says tariffs will cost it at least $900 million this quarter

    News RoomBy News RoomMay 1, 20252 Mins Read
    Facebook Twitter Pinterest LinkedIn Reddit WhatsApp Email

    For the June quarter, we do expect the majority of iPhones sold in the US will have India as their country of origin, and Vietnam to be the country of origin for almost all iPad, Mac, Apple Watch, and AirPods products also sold in the US. China would continue to be the country or original for the vast majority of total product sales outside the US.

    If you look at the categories of tariffs that are applicable of us today, for the June quarter, most of our tariff exposure relates to the February IEEPA-related tariff at the rate of 20 percent, which applies to imports to the US for products that have China as their country of original. In addition, for China, there was an additional 125 percent tariff for imports of certain categories of products announced in April. For us, that’s some of our US AppleCare and accessories business, and brings the total rate in China for these products to at least 145 percent.

    Also, for transparency and clarity, the vast majority of our products including iPhone, Mac, iPad, Apple Watch, and Vision Pro are currently not subject to the global reciprocal tariffs that were announced in April, as the Commerce Department has initiated a Section 232 investigation into imports of semiconductors, semiconductor manufacturing equipment, and downstream products that contain semiconductors. For the June quarter, as I talked about in my opening comments, we estimate the impact — assuming that the current global tariff rates, policies, and applications don’t change for the balance of the quarter — to be $900 million to our costs. I wouldn’t want to predict the mix of production in the future, but I wanted to give you clarity for the June quarter.

    Share. Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Email
    Previous ArticleMicrosoft goes passwordless by default on new accounts
    Next Article DJI’s back-to-back Osmo Pocket 3 price hikes take it from $519 to $799 in two months

    Related Posts

    Apple beta season is here

    July 27, 2025

    Here are the laptops I’d tell any parent to consider for their back-to-school student

    July 26, 2025

    OnePlus Nord 5 review: selfie-centric midranger

    July 26, 2025

    Pebble is officially Pebble again

    July 25, 2025

    You can now easily buy a Switch 2 without jumping through hoops

    July 25, 2025

    Anker is no longer selling 3D printers

    July 25, 2025
    Our Picks

    Apple beta season is here

    July 27, 2025

    The ICJ Rules That Failing to Combat Climate Change Could Violate International Law

    July 27, 2025

    Nemo’s Updated Dagger Osmo Tent Has Nicer Fabric and Better Design Details

    July 26, 2025

    Here are the laptops I’d tell any parent to consider for their back-to-school student

    July 26, 2025
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    Don't Miss
    Gear

    Do You Need a Barbecue Knife?

    By News RoomJuly 26, 2025

    A while back at my favorite kitchen-gear trade show, I spotted what appeared to be…

    OnePlus Nord 5 review: selfie-centric midranger

    July 26, 2025

    There’s Neuralink—and There’s the Mind-Reading Company That Might Surpass It

    July 26, 2025

    The Samsung Galaxy Watch8 Is Both a Square and a Circle. A Squircle!

    July 26, 2025
    Facebook X (Twitter) Instagram Pinterest
    • Privacy Policy
    • Terms of use
    • Advertise
    • Contact
    © 2025 Technology Mag. All Rights Reserved.

    Type above and press Enter to search. Press Esc to cancel.