Apple plans to eat $900 million in tariff costs this quarter instead of raising prices. Tim Cook said during an earnings call that the company is still talking with officials about these new taxes from the Trump administration. He shared no clear answers about future price changes but praised how his team worked to fix supply chain issues.
The company has already started making some products outside China, looking at places like India and Vietnam to build iPhones. These countries face smaller import taxes when shipping to America compared to Chinese goods. The US government wants tech firms to make products inside American borders rather than overseas. Apple might keep current iPhone prices steady, but next year could bring higher costs for the iPhone 17 series as manufacturing expenses climb.
The company has already started making some products outside China, looking at places like India and Vietnam to build iPhones. These countries face smaller import taxes when shipping to America compared to Chinese goods. The US government wants tech firms to make products inside American borders rather than overseas. Apple might keep current iPhone prices steady, but next year could bring higher costs for the iPhone 17 series as manufacturing expenses climb.
