Quotes
The more components are crossing borders, the most cost flows through to the device,
Enderle explained
What we learned some time ago was that having everything in one location had too much risk with it and so we have, over time with certain parts of the supply chain, opened up new sources of supply,
Cook told analystsApple saw strong growth in the Americas and Japan,
said CFRA Research equity analyst Angelo Zino, noting part of the reason could have been ramped up orders to get ahead of US tariffsIn the end, this all adds up to an expensive mess,
he said of the tariff situationIt looks like Apple is progressing faster than expected with its move to shift production of US phones into the region (India),
said Matt Britzman, senior equity analyst at Hargreaves Lansdown
The question for investors is what can replace China for Apple? This is not an easy question to answer and could threaten the long-term trajectory of Apple’s growth plan,
said Kathleen Brooks, research director at XTBFor 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,
Cook explained
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 addedAssuming the current global tariff rates, policies, and applications do not change for the balance of the quarter and no new tariffs are added, we estimate the impact to add $900 million to our costs,
he told a quarterly earnings call
We have a complex supply chain. There’s always risk in the supply chain,
Cook saidFor the March quarter, we had a limited impact from tariffs as we were able to optimize our supply chain and inventory,
Cook saidIt’s very difficult to predict beyond June,
Cook said in an interview with CNBC, indicating
With ongoing fluctuations in reciprocal tariff policies, Apple is likely to further shift U.S.-bound production to India to reduce exposure to future risks,
he said
We were expecting to see more buybacks. Knowing the company, this indicates that Tim Cook is hoarding cash for difficult times,
said Thomas Monteiro, senior analyst at Investing.com
As we expand facilities in the different states - from Michigan to Texas to California and Arizona and Nevada and Iowa and Oregon and North Carolina and Washington - there will be (capital expenditures) involved in that,
Cook saidWe do expect the majority of iPhones sold in the U.S. will have India as their country of origin,
Cook said
I don't want to predict the future because I'm not sure what will happen with tariffs, ... it'
said Cook,As we look ahead, we remain confident,
Cook saidWe continue to plan for annual dividend increases,
Cook told CNBC in an off-camera interview ahead of the conference callWe expect to source more than 19 billion chips from a dozen states, including tens of millions of advanced chips being made in Arizona this year. We also sourced glass used in iPhone from an American company. All told, we have more than 9,000 suppliers in the U.S. across all 50 states,
he said