"Last quarter, the bulk of the tariffs that we paid were the [International Emergency Economic Powers Act] tariffs that hit early in the year related to China." That 30% value is what Apple based the $1.1 billion in costs for the fourth fiscal quarter on, that it announced during the July 31 earnings reveal. In the iPhone 16 release season, the Pro models generally shipped direct to the consumer from China for early orders, and the non-Pro were imported from India.
Author: Wesley Hilliard
Published at: 2025-08-11 21:21:07
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