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Apple Explains How It's Trying to Keep iPhone Costs Down Amid Tariff Uncertainty
PCMag
Trump's tariffs will cost Apple about $900 million in Q2, but Tim Cook says most iPhones sold in the US will come from India, meaning lower tariffs and, hopefully, no price hikes for you.
Apple CEO Tim Cook warned investors that, assuming no new duties are added, the company expects Trump's tariffs to increase its costs by $900 million during Q2, ending in June.
Apple has long relied on Chinese manufacturers to build the iPhone. Although Trump exempted smartphones from …
