US, May 02 (PTI): Apple will source the majority of the iPhone sold in the US from India in the June quarter while China will produce the vast majority of the devices for other markets amid uncertainty over tax tariffs, a top official said on Friday.
During the company's second-quarter earnings call, Apple Chief Executive Officer Tim Cook said that Vietnam will become the country of origin for almost all iPad, Mac, Apple Watch, and AirPods products sold in the US.
"For the June quarter, we do expect the majority of iPhones sold in the US will have India as their country of origin, and Vietnam to be the country of origin for almost all iPad, Mac, Apple Watch, and AirPods products also sold in the US. China would continue to be the country of origin for the vast majority of total product sales outside the US," Cook said.
He said that for the June quarter, most of the tariff exposure for Apple is at the rate of 20%, which applies to imports to the US for products that have China as their country of origin.
"In addition, for China, there was an additional 125% tariff for imports of certain categories of products announced in April. For us, that's some of our US Apple Care and accessories businesses and brings the total rate in China for these products to at least 145%," Cook said.
He added that the vast majority of Apple's products, including iPhone, Mac, iPad, Apple Watch, and Vision Pro, are currently not subject to the global reciprocal tariffs that were announced in April, as the Commerce Department has initiated a Section 232 investigation into imports of semiconductor manufacturing equipment and downstream products that contain semiconductors.
"For the June quarter, as I talked about in my opening comments, we estimate the impact, assuming that the current global tariff rates, policies, and applications don't change for the balance of the quarter to be $900 million to our costs. I wouldn't want to predict the mix of production in the future, but I wanted to give you clarity for the June quarter of where the country of origins are," Cook said.
Apple reported a 5% increase in revenue to $95.35 billion for the second quarter ended March 29, 2025, up from $90.75 billion in the same period last year, driven mainly by growth in services, Mac and iPad sales.
However, iPhone sales declined by about 2% to $46.84 billion year-over-year from $45.96 billion in the March 2024 quarter.
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Chandigarh: The Punjab and Haryana High Court has refused to grant anticipatory bail to Vikas Tomar, who is accused of removing the national flag from a mosque in Gurugram’s Uton village and replacing it with a saffron flag.
Justice Manisha Batra, presiding over the case Vikas Tomar @ Vikash Tomar v. State of Haryana, observed that the allegations against the petitioner were not vague but specific, and supported by conversations between him and other co-accused.
“The gravity of the offence and its potential impact on public order and communal peace cannot be overlooked at this stage,” the Court noted. It further stated that no exceptional circumstances had been presented that would justify granting pre-arrest bail, especially given the “serious communal and constitutional implications” of the alleged conduct.
According to the prosecution, a complaint was filed on July 7 in Bilaspur, Gurugram, reporting that anti-social elements had replaced the national flag atop a mosque with a saffron flag. Audio and video evidence were submitted along with the complaint. Two other accused were initially arrested under the Bharatiya Nyaya Sanhita (BNS) and Section 2 of the Prevention of Insult to National Honours Act, 1971, but were granted bail the same day.
The Sessions Court had earlier denied anticipatory bail to Tomar on July 15, with Additional Sessions Judge Sandeep Chauhan observing that such acts threaten the social fabric in a diverse country like India. He remarked, “Any person of ordinary prudence and slightest of patriotism in his heart would not have dared to commit such a crime.”
Tomar's counsel argued before the High Court that he was not named in the FIR and had no role in the alleged incident. However, opposing counsel representing the State and the complainant contended that Tomar aimed to provoke communal unrest in the region.
Justice Batra, after considering the arguments, concluded that custodial interrogation of the accused was necessary. “No ground for grant of anticipatory bail is made out,” the Court held.
Advocate Abhimanyu Singh appeared for the petitioner, while Additional Advocate General Apoorv Garg represented the State of Haryana. Advocate Rosi appeared for the complainant.
The bail plea was dismissed.