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Apple expects $900m tariff hit, US iPhone supply shifts to India

Bangkok Post LogoBangkok Post18h ago

Apple expects $900m tariff hit, US iPhone supply shifts to India - Bangkok Post

Quick Summary:

SAN FRANCISCO - Apple on Thursday reported first-quarter profit above expectations but warned that US tariffs could cost the company and was disrupting its supply chain.

While iPhones produced in mainland China still account for the majority of US shipments, production in India ramped up towards the end of the quarter, according to Canalys.

"We are not able to precisely estimate the impact of tariffs, as we are uncertain of potential future actions prior to the end of the quarter," Cook said.

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Article Details

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-02 @ 07:55:00 (18 hours ago)

News Timezone: GMT +8:00

News Source URL: bangkokpost.com

Language: English

Article Length: 568 words

Reading Time: 4 minutes read

Sentences: 23 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bangkok Post

News ID: 28315218

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About Bangkok Post

Bangkok Post Logo

Main Topics: EconomyBusiness

Official Website: bangkokpost.com

Update Frequency: 24 posts per day

Year Established: 1946

Headquarters: Thailand

News Last Updated: 6 hours ago

Coverage Areas: Thailand

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #66

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The story "Apple expects $900m tariff hit, US iPhone supply shifts to India" was covered 18 hours ago by Bangkok Post, a news publisher based in Thailand.

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It's most recent story was published 6 hours ago.

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  • URL: https://swalz.beamstart.com/news/apple-expects-900m-tariff-hit-17461544995881

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