💰 Brace for impact: Apple CEO Tim Cook just dropped a major update during the company’s Q2 2025 earnings call – escalating U.S. tariffs could slap a staggering $900 million on their Q3 costs. That’s like losing the GDP of a small island nation…in three months! 🏝️
🌍 In a bold production pivot, Cook revealed most iPhones sold in the U.S. this summer will carry a 'Made in India' label. 'China remains our primary manufacturing hub for non-U.S. sales,' he clarified, but the numbers tell a tense story: Apple shares tumbled 4% after reporting softer China sales compared to 2024.
📱 Why the India shift? Analysts say it’s a high-stakes chess move against trade tensions – imagine Taylor Swift rewriting her Eras Tour setlist mid-concert. With 20% of iPhones now Indian-made, Apple’s hedging its bets between tech superpowers.
🇨🇳 The China challenge: While Cook praised 'resilient demand' in the Chinese mainland, investors are side-eyeing the 13% revenue slide there. Could this spark a wider tech supply chain reshuffle? Stay tuned! 🔌
