{"id":682604,"date":"2025-08-01T11:22:44","date_gmt":"2025-08-01T08:22:44","guid":{"rendered":"https:\/\/buradabiliyorum.com\/en\/apple-projects-tariff-costs-will-hit-1-1b-next-quarter\/"},"modified":"2025-08-01T11:22:44","modified_gmt":"2025-08-01T08:22:44","slug":"apple-projects-tariff-costs-will-hit-1-1b-next-quarter","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/apple-projects-tariff-costs-will-hit-1-1b-next-quarter\/","title":{"rendered":"Apple projects tariff costs will hit $1.1B next quarter"},"content":{"rendered":"<div>\n<p id=\"speakable-summary\" class=\"wp-block-paragraph\">Tariffs are projected to cost <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">App<\/a>le $1.1 billion in the July-to-September quarter, an uptick from the previous period, CEO Tim Cook said during the company\u2019s earnings call with investors Thursday.\u00a0<\/p>\n<p class=\"wp-block-paragraph\">Those cost projections, which are based on current rates and policies, could end up lower than expected as they did in the previous quarter. Apple incurred about $800 million of tariff-related costs for the June quarter, less than the $900 million estimate the company shared in May.\u00a0<\/p>\n<p class=\"wp-block-paragraph\">Cook said most of the tariffs levied against Apple stem from the International Emergency Economic Powers Act (IEEPA). Earlier this year, and amid a brewing trade war, the U.S. government and China agreed to a 30% tariff <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.cnbc.com\/2025\/05\/12\/us-and-china-agree-to-slash-tariffs-for-90-days.html\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">on imports from China<\/a>. That trade agreement, which reduced \u201creciprocal\u201d tariffs from 125% to 10% (<a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.cnbc.com\/2025\/03\/12\/china-says-its-willing-to-cooperate-with-the-us-on-fentanyl.html\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">plus the 20% duty<\/a> against China related to fentanyl), stands until August 12. <\/p>\n<p>While sales growth suggests fear of tariffs helped fuel sales, Cook downplayed the \u201cpull forward\u201d effect, noting that consumers were more motivated by the \u201cstrength of the product.\u201d<\/p>\n<p class=\"wp-block-paragraph\">\u201cIf you look at iPhone, the 16 family grew double digits, as opposed to the 15 family from the year-ago quarter,\u201d Cook said on the call. \u201cAnd so we did set an upgrade record\u00a0\u2026 I think it directly is because of the strength of the product.\u201d<\/p>\n<p class=\"wp-block-paragraph\">Sales of the iPhone rose 13% year-over-year and generated $44.5 billion in revenue \u2014 nearly\u00a0half of the entire company\u2019s total revenue this quarter, which reached $94 billion.\u00a0<\/p>\n<p class=\"wp-block-paragraph\">Still, tariffs have had an impact and may continue to do so, even if Apple shifts its manufacturing strategy to countries with lower tariffs.<\/p>\n<p class=\"wp-block-paragraph\">Apple devices are mainly manufactured in India, China, and Vietnam. Nearly half the iPhones sold in the U.S. are produced in India, while Macs, iPads, and watches bound for U.S. customers are made in Vietnam. Both India and Vietnam are subjected to tariffs of 25% and 20%, respectively.\u00a0<\/p>\n<div class=\"wp-block-techcrunch-inline-cta\">\n<div class=\"inline-cta__wrapper\">\n<p>Techcrunch event<\/p>\n<div class=\"inline-cta__content\">\n<p>\n\t\t\t\t\t\t\t\t\t<span class=\"inline-cta__location\">San Francisco<\/span><br \/>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"inline-cta__separator\">|<\/span><br \/>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"inline-cta__date\">October 27-29, 2025<\/span>\n\t\t\t\t\t\t\t<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n<p class=\"wp-block-paragraph\">President Trump previously expressed his dismay at Apple shifting its supply chain focus more toward India, threatening the company with a 25% tariff unless Apple moved iPhone production to the U.S.\u00a0<\/p>\n<p>Cook reiterated Apple\u2019s commitment to the U.S. in Thursday\u2019s investors call, saying the company has committed <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.apple.com\/newsroom\/2025\/02\/apple-will-spend-more-than-500-billion-usd-in-the-us-over-the-next-four-years\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">$500 billion in investments<\/a> to the U.S. over the next four years, building chips and semiconductors across the country.<\/p>\n<\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN63nwsw68G3Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more like this article, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/buradabiliyorum.com\/en\/category\/technology\/\" target=\"_blank\" >Technology<\/a><\/span> category.<\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/techcrunch.com\/2025\/07\/31\/apple-projects-tariff-costs-will-hit-1-1b-next-quarter\/\" target=\"_blank\" >Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tariffs are projected to cost Apple $1.1 billion in the July-to-September quarter, an uptick from the previous period, CEO Tim Cook said during the company\u2019s earnings call with investors Thursday.\u00a0 Those cost projections, which are based on current rates and policies, could end up lower than expected as they did in the previous quarter. Apple&#8230;<\/p>\n","protected":false},"author":1,"featured_media":682607,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/techcrunch.com\/wp-content\/uploads\/2025\/07\/GettyImages-2224174932.jpg?w=1024","fifu_image_alt":"","footnotes":""},"categories":[18],"tags":[5029,134741,151537,52711,93342],"class_list":["post-682604","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology","tag-apple","tag-earnings","tag-government-policy","tag-hardware","tag-tariffs"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/682604","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=682604"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/682604\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/682607"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=682604"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=682604"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=682604"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}