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7 Aug 2025 17:57
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  •   Home > News > National

    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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     Today's News

    Business:
    A lack of available gas - could force major fertiliser manufacturer, Ballance - to close its Kapuni plant for four months 17:57

    Cricket:
    A full circle moment for New Zealand cricketer Jacob Duffy as he gets set for a long-awaited moment 17:57

    Entertainment:
    Lizzo says body positivity is a "radical act" 17:54

    Entertainment:
    Finn Wolfhard thinks Pope Leo XIV is "cool" 17:24

    Law and Order:
    A senior first responder accused of exporting and possessing child sex abuse material is facing more charges 16:57

    Entertainment:
    Sir Paul McCartney's ex-wife had a confrontation with a man who told her she was taking up too much room with her false leg 16:54

    Entertainment:
    Sean 'Diddy' Combs has hinted he is determined to relaunch his showbiz career 16:24

    Rugby League:
    The Storm and Broncos are well aware how important tonight's NRL showdown in Melbourne is for their top four aspirations 16:17

    Rugby:
    Crusaders coach Rob Penney believes Richie Mo'unga can get back into the All Blacks without being a regular starter at Super Rugby level 16:07

    National:
    Banning contactless and credit card surcharges won’t help – open banking reform is what’s needed 16:07


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