Tim Cook Reveals How Apple is Sidestepping Tariff Troubles with Diversified Manufacturing
In a recent CNBC article, Apple CEO Tim Cook addressed concerns over potential US tariffs on the iPhone and other products. According to Cook, about half of the iPhones sold in the US are now sourced from India, while most other products for the US market, including Macs, iPads, AirPods, and Watches, come from Vietnam, where tariffs are lower compared to China. This diversification helps mitigate the impact of trade disputes between the US and China. Cook also mentioned that Apple is working towards sourcing all iPhones sold in the US from India by 2027. These strategies reassure investors about Apple's ability to manage potential tariff risks.