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11 Aug 2025 23:29
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  •   Home > News > Business

    Apple is expecting to fork out an extra billion dollars, from Donald Trump's tariffs

    Apple is expecting to fork out an extra billion dollars, from Donald Trump's tariffs


    The tech-company reported a 160-billion dollar revenue for the quarter ending in June, despite concerns of new US tariffs.

    Chief Executive Tim Cook, says the import fees cost them more than 800-million last quarter, and 1.1-billion dollars in the current quarter.

    Tech Expert Paul Stenhouse, says it won't be any cheaper if manufacturing doesn't shift.

    He says they'll face a 25 percent tariff, if they won't produce products in the United States.

    © 2025 Newstalk ZB, NZCity

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    RUGBY RUGBY
    Confirmation of the Crusaders first opponent at their new stadium in Christchurch will have to wait at least another week More...


    BUSINESS BUSINESS
    The Finance Minister says the latest One-News Verian poll shows a fight is on More...



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    The Finance Minister says the latest One-News Verian poll shows a fight is on 18:57


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