overview for mintiefresh

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Apple says Trump’s tariffs are adding another $1 billion to its costs | The iPhone maker already spent $800 million on tariffs during the June quarter. (www.theverge.com)

submitted 1 day ago by mintiefresh@piefed.ca to c/technology@piefed.social

2 comments fedilink

Apple is spending a lot on President Donald Trump’s tariffs. During an earnings call on Thursday, Apple CEO Tim Cook said the duties could add $1.1 billion to its costs during the September quarter.

Cook said Apple has already spent around $800 million during the June quarter, which is less than the $900 million that the company predicted in May. “The bulk of the tariffs that we paid were the IEEPA [International Emergency Economic Powers Act] tariffs that hit early in the year, related to China,” Cook said.

Trump’s sweeping tariffs have impacted all of Apple’s devices, which are mainly manufactured in China, India, and Vietnam. Cook said the “majority” of iPhones sold in the US are manufactured in India, while most Macs, iPads, and Apple Watches come from Vietnam. Trump has threatened to target Apple with even higher tariffs if the company doesn’t move some of its production to the US.
Related

“There are many factors that could change, including tariff rates,” Cook noted. Despite concerns surrounding tariffs, the company’s quarterly revenue jumped 10 percent to $94 billion between April and June, while iPhone and Mac sales remain strong.

Once Upon A KATAMARI coming on Steam 24 oct. in c/pcgaming@lemmy.ca

[–] mintiefresh@piefed.ca 3 points 1 day ago

Wow! Katamari is back

I made Piefed feeds for video games in c/newcommunities@lemmy.world

[–] mintiefresh@piefed.ca 1 points 1 day ago* (last edited 1 day ago)

This might be something to add to /f/allgames@piefed.social

!finalfantasy@lemmy.world

In Vermont, pay phones return free of charge in cellular dead zone in c/technology@piefed.social

[–] mintiefresh@piefed.ca 3 points 1 day ago

Whoa this is kind of a cool idea.

Not sure about all the pros and cons but it'd be kind of cool to see pay phones again.

'I won't back down': How and why Canadians are boycotting the U.S. in c/buycanadian@lemmy.ca

[–] mintiefresh@piefed.ca 25 points 1 day ago (1 children)

I won't back down either. Pretty much will try to shop Canadian first as much as possible.

Opera is filing a complaint over Microsoft’s tricks that push you to use Edge in c/technology@piefed.social

[–] mintiefresh@piefed.ca 5 points 3 days ago (1 children)

Honestly all the ways Windows tries to get you to use any of their services while you're just trying to do anything on the computer is so agitating.

I'm A Full-Time Piefed User Now! in c/fedimemes@feddit.uk

[–] mintiefresh@piefed.ca 2 points 1 week ago

Nature is healing :)

I'm A Full-Time Piefed User Now! in c/fedimemes@feddit.uk

[–] mintiefresh@piefed.ca 3 points 1 week ago* (last edited 1 week ago)

Yes! Just need to sign up for the beta. It works relatively well. Not all the features are on yet but it's developing rapidly (Piefed & Voyager both) and it's been daily usable for me.

Summit, Blorp, Mlem and Interstellar also have Piefed support as well.

Trump, who promised to save TikTok, threatens to shut down TikTok in c/technology@piefed.social

[–] mintiefresh@piefed.ca 3 points 1 week ago (1 children)

LOL.

This guy is so exhausting man.

Junk Store 2.0 has released in c/games@lemmy.world

[–] mintiefresh@piefed.ca 5 points 1 week ago

Thank you for sharing. I gave it an upvote because I do care about posts and it was informative.

I disagree with the product though and wouldn't get it because I don't want another subscription. I guess people are down voting because they disagree with the Junk Store 2.0 itself.