Big news on the tech front! Apple has announced during its Q2 2025 earnings call that current U.S. trade policies could result in a $900 million tariff hit in Q3. 📉 If these policies stay unchanged, the cost impact is set to be significant.
CEO Tim Cook revealed an interesting twist: for the June quarter, most iPhones sold in the U.S. will proudly bear India as their country of origin. This shift underscores the growing role of India as a production hub—a trend that resonates with the tech vibes and opportunities in our region. 🇮🇳
Meanwhile, the Chinese mainland continues to be key, remaining the primary source for Apple product sales outside the U.S. It’s a balancing act for the tech giant as it navigates global market dynamics and evolving trade landscapes.
Notably, Apple shares dropped 4% in extended trading after a decline in China sales from last year. Despite this challenge, Apple’s strategic adjustments offer a glimpse into how major tech players are adapting to a fast-changing global stage.
Stay tuned for more updates on how these shifts could reshape tech supply chains and global trends!
Reference(s):
cgtn.com
