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Trump's tariffs set to take a nearly billion dollar bite out of Apple

Author
Paul Stenhouse,
Publish Date
Sat, 3 May 2025, 11:35am
Photo / David Paul Morris/Bloomberg via Getty Images
Photo / David Paul Morris/Bloomberg via Getty Images

Trump's tariffs set to take a nearly billion dollar bite out of Apple

Author
Paul Stenhouse,
Publish Date
Sat, 3 May 2025, 11:35am

Apple has given more details on the US tariffs  

iPhones being sold in the June quarter in the USA will be made in India, while almost all iPad, Mac, Apple Watch, and AirPods products will be made in Vietnam. Products made in China will be sold elsewhere in the world.  

Apple estimates that, pending nothing else changing, the tariffs will cost them US$900 million. Imports going forward will, at this stage, be exempt from the tariffs.  

 

Meta is working to make your WhatsApp AI chats more private  

They'll be creating "private processing" which is effectively a private instance of the AI software running in a cloud only you can access. Meta, WhatsApp, or their third parties can see what's going on. It'll be optional though and you'll need to select it to go into private mode.  

 

Uber's competitor is targeting the silver customer  

Lyft is Uber's the big rideshare competitor in the USA and they want to take a new group of people for a ride: the older, and maybe less tech savvy. The regular Lyft app can be turned into a more straightforward mode – think bigger buttons and larger fonts. They'll be connected to more accessible vehicles and there's even dedicated real human help to call between 8am and 9pm. Lyft says just 5% of their ridership is over 65, and they want to grow that.   

 

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