Majority of iPhones sold in US will be made in India in June quarter: Apple CEO Tim Cook
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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Delhi CM joins 'Shakti Walk' at Kartavya Path on International Women's Day
New Delhi (PTI): A "Shakti Walk" was organised at Kartavya Path here on Sunday to mark International Women's Day, with the Delhi Chief Minister Rekha Gupta calling it a reflection of women's collective strength and their role in nation-building.
The event was also attended by Union Women and Child Development Minister Annapurna Devi, Minister of State Anupriya Patel and Savitri Thakur, and National Commission for Women chairperson Vijaya Rahatkar, along with hundreds of women.
Speaking at the event, Delhi Chief Minister Rekha Gupta said the event reflected the spirit of women's empowerment and their role in nation-building.
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"Today, through this Kartavya Path, we are reminded that our responsibility is not only towards ourselves or our families but also towards society and the country," Gupta said while addressing participants.
Extending greetings on the occasion, she said the day was meant to honour women's strength and dignity.
"Today is truly a day that honours the power of women and enhances their dignity across the world and the country," she said.
Gupta said women in India were achieving new milestones across sectors.
"From startups to space missions, from teachers to doctors and engineers and in every major project, today India's women are leading. Today, women lead the armed forces, and they also lead society," she said.
"Today is a day for all of us to think ahead, to set goals and to determine our role in nation building. India will move forward under the leadership of women's power. The women of India will lead the country forward," Gupta said.
Union minister Annapurna Devi said women across the country were demonstrating their capabilities in every field and encouraged them to continue moving forward and achieving new milestones.
The event was organised to celebrate women's achievements and to encourage greater participation of women in leadership roles across society, officials said.
