'iPhone manufacturing in India', Apple's costs expected to increase by $900 million due to Trump tariffs

 

'iPhone manufacturing in India', Apple's costs expected to increase by $900 million due to Trump tariffs

American technology company Apple has reported higher-than-expected profits in the first four months of the year, but has warned that US tariffs are disrupting the supply chain and could increase the company's costs.

According to the AFP news agency, the company's head Tim Cook has said that the tariffs could increase Apple's costs by $900 million in the current quarter, although the impact of the tariffs was limited at the beginning of the year.

Tim Cook also expressed the possibility that most iPhones sold in the United States will have to be manufactured in India.

At the same time, Tim Cook said that Apple products are currently exempt from President Trump's very tough tariffs.

Apple CEO Tim Cook added that "we are not in a position to accurately assess the impact of the tariffs, because we cannot say for sure what new measures will be taken by the end of this quarter."

"If current global tariff rates, policies and regulations do not change this quarter and new tariffs are not imposed, we estimate that the impact will increase our costs by $ 900 million."

US President Donald Trump had temporarily eliminated tariffs on smartphones, semiconductors and computers.

Technology expert Rob Enderle says that although smartphones are currently completely exempt from Trump's tariffs, the parts used in the manufacture of Apple products are subject to tariffs.

Tim Cook added that iPads, Macs, Apple Watches and AirPods sold in the US will be manufactured in Vietnam.

However, he clarified that Apple products sold outside the US will be manufactured in China.

Tim Cook said in a conversation with experts, "We learned some time ago that having everything in one place increases a lot of risk, so we have been looking for new supply chain opportunities during this period."