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Apple Absorbs Tariff Costs While Electronics Prices Surge, But How Long Will It Last?
During yesterday's earnings call, Apple CEO Tim Cook said that the company's March quarter hadn't been impacted by Trump's tariffs...
In mid-April, the Trump administration initiated a Section 232 investigation that will focus on recommendations to reduce dependence on foreign suppliers, and it covers rare earth metals, magnets, semiconductors, and other products that Apple uses. Apple is sourcing some components in the United States, including chips from a TSMC factory in Arizona, and it has diversified enough that if Trump lowers tariffs in India, Vietnam, Thailand, and other countries, prices won't increase as much. Apple may have canceled the super scratch resistant anti-reflective display coating that it planned to use for the iPhone 17 Pro models, according to a source with reliable information that spoke to MacRumors.
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