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Apple Says Most of Its Devices Shipped Into US Will Be From India, Vietnam
Apple said a majority of its devices shipped into the U.S. in the June quarter will originate in India and Vietnam, a move to allay investor concerns about the impact of tariffs on its operations. From a report: The company was among the hardest-hit of the tech giants last month because of its expos...
Apple said a majority of its devices shipped into the U.S. in the June quarter will originate in India and Vietnam, a move to allay investor concerns about the impact of tariffs on its operations. From a report: The company was among the hardest-hit of the tech giants last month because of its exposure to China, a primary target of the Trump administration's global tariff pressure. Chief Executive Tim Cook said the impact in the June quarter from tariffs, assuming existing policies remain in place, would add $900 million to Apple's costs, a figure he suggested could be worse in future quarters.
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