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wickedsdesires -> Apple braces for $900m blow from Trump tariffs (5/1/2025 4:24:55 PM)
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Tariffs on goods coming into the US will add nearly a billion dollars to Apple's costs this quarter, the tech giant has said, despite President Donald Trump's decision to spare key electronics from the new import taxes.
The estimate from the iPhone maker comes as firms are scrambling to respond to Trump's tariff strategy, which is disrupting supply chains and raising uncertainty about consumer demand.
Apple said it was shifting production of iPhones bound for the American market away from China, which is facing the highest duties.
The majority of iPhones sold in the US in coming months will be made in India, Apple said. Indian shit is like fragmentation grenade to ones eyeballs. So production has shifted from China too India, which is in America or is not?
For now, the turmoil has left Apple's sales unscathed. Which means the price of apples shite hasn't changed.
Apple's markup profit, or gross margin, typically falls within a range of 38-43%. This means that for every dollar of revenue, Apple retains 38-43 cents as profit after accounting for the cost of goods sold. While the overall gross margin is in this range, individual products and services may have higher or lower margins, like the iPhone and Mac tending to have higher margins, while iPads may have lower ones,
Apple’s gross margin hits record as services business keeps growing https://www.cnbc.com/2025/01/30/apples-gross-margin-hits-record-as-services-business-keeps-growing.html
Apple’s gross margin climbed to 46.9% in the latest quarter, topping the prior record of 46.6% reached in the period ended March.
Nearer the mark that one but it wont include RD etc. Their gross margin per product is around 60%
Apple referred for possible criminal contempt investigation https://www.bbc.co.uk/news/articles/c62xv43xqq5o
A US district judge has found Apple wilfully violated her injunction in a case brought by Epic Games - and that a top Apple executive "outright lied" under oath.
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