
Apple Inc. expects tariffs on Chinese imports to lift its costs by about $1.1 billion in the forthcoming fiscal quarter, according to information first reported by TechCrunch. The hit stems from the 145% U.S. levy on Chinese goods that took effect in April and has since squeezed margins across the consumer-electronics sector. To cushion the impact, Apple is accelerating a multiyear supply-chain diversification program, expanding iPhone assembly in India and Vietnam while increasing investments in U.S. manufacturing capacity, people familiar with the plans said. The company discussed the anticipated cost burden during its earnings call two weeks ago, but the updated figure signals a larger near-term drag than previously disclosed.
$AAPL climbs toward the $240.33 Risk Trigger on MenthorQ’s 5d Swing Model (support at $225.23, ~75% success rate) as Apple braces for $1.1B in tariff costs next quarter. Production shifts to India & Vietnam plus US manufacturing investments aim to counter trade-war headwinds. https://t.co/1k7guOjtvl
$AAPL - EXPECTS $1.1 BILLION TARIFF HIT NEXT QUARTER
AAPL EXPECTS $1.1 BILLION TARIFF HIT NEXT QUARTER: TECHCRUNCH so... what they announced on the earnings call 2 weeks ago?