In a surprising twist during its Q2 2025 earnings call, Apple CEO Tim Cook revealed that the tech giant could face a $900 million tariff hit in the coming quarter if current U.S. trade policies persist. 📊
Cook explained that most iPhones sold in the U.S. this June quarter will be produced in India, marking a strategic shift in sourcing. However, the Chinese mainland remains the primary source for Apple product sales outside the U.S., even as Apple shares fell 4% in extended trading following a year-on-year sales decline.
As global market dynamics evolve, Apple is adapting quickly to navigate these challenges and keep its product ecosystem resilient. Stay tuned for more updates on this unfolding tech drama! 🚀
Reference(s):
cgtn.com
