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2 Aug 2025 21:14
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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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     Top Stories

    RUGBY RUGBY
    Otago have clinched the NPC's southern derby , beating Southland 24-15 at Rugby Park in Invercargill More...


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



     Today's News

    Accident and Emergency:
    People are being asked to continue avoiding the intersection of Herrington Street and Lady's Mile, in Foxton 19:36

    Rugby:
    Otago have clinched the NPC's southern derby , beating Southland 24-15 at Rugby Park in Invercargill 18:57

    Soccer:
    A pre-season blow for English Premier League outfit Tottenham Hotspur 18:37

    International:
    More than a million Afghans forced back from Iran face poverty and uncertain future 18:27

    Rugby:
    A great start to the NPC for Canterbury ... but not such a good one for the champions 17:46

    Rugby:
    From a Super Rugby Pacific title to a Ranfurly Shield challenge for Northland first five Rivez Reihana 16:57

    International:
    Bangladesh will hold historic elections in 2026 but millions of its citizens will not be able to vote 16:37

    Rugby League:
    The New Zealand Warriors and their fans may be ruing last night's last-gasp NRL defeat at home to the Dolphins 16:26

    Swimming:
    Heartbreak for veteran New Zealand swimmer Laura Quilter at the World Aquatics Championships in Singapore - despite a victory in her heat 16:17

    Politics:
    The Prime Minister's funding more into healthcare, following a nurses union strikes earlier this week 15:26


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