2025-08-01 10:30:10
Technology
Finance

Apple's Profit Surges 8.5% Amid Tariff Challenges and Strong iPhone Sales

Apple continues to demonstrate remarkable financial resilience, achieving a significant profit increase of 8.5% to $23.43 billion, despite the impact of tariffs imposed during the Trump administration. The company reported a revenue surge of 10%, reaching $94 billion for the third quarter of 2025, driven largely by a 13.5% rise in iPhone sales. This uptick can be partially attributed to preemptive buying habits spurred by anticipated tariff costs.

Moreover, Apple's performance in China has been bolstered by government subsidies aimed at encouraging consumer electronics purchases, resulting in a nearly 4.4% increase in sales in the region. The firm's commitment to innovation is evident in its substantial investments in artificial intelligence and upcoming updates to Siri.

Despite operational challenges, including potential production threats from tariffs affecting iPhone manufacturing in India, Apple remains a dominant force in the tech industry. The company's sustained growth is indicative of its strategic adaptability and strong market positioning, as illustrated by the sale of 3 billion iPhones since the product's launch.

The Street
1. August 2025 um 11:25

Ford CEO Jim Farley still supports US tariffs despite hefty cost TheStreet Daily Newsletter

Ford CEO Jim Farley's 2024 compensation totaled $24.9 million, despite tariffs costing his company $2 billion this year. Farley stated that Ford supports a 'level playing field globally' and has been working with the administration on trade policy. This stance is in contrast to Elon Musk's advocacy for free trade and lower tariffs. Tariffs shaved $800 million off of Ford's Q2 EBIT, but U.S. sales rose 7 times faster than the rest of the auto industry.
Business - South China Morning Post
1. August 2025 um 06:30

Apple’s China sales rise with electronics consumer subsidy boost, but Huawei threat looms

Apple's sales in mainland China, Hong Kong, and Taiwan rose nearly 4.4% year-on-year to $15.37 billion in the June quarter, driven by Beijing's consumer subsidies for electronic products. CEO Tim Cook attributed the growth to the Chinese government's subsidy scheme, which affected some of Apple's products. The subsidy programme, launched earlier this year, offers a 15% discount on purchases of smartphones, tablets, and smartwatches under 6,000 yuan ($834). Sales of MacBook Air, Mac Mini, and M..
Frankfurter Rundschau
31. Juli 2025 um 20:57

Apple's Profit Grows Significantly Despite Trump's Tariffs

Apple's profit rose by 8.5% to $23.43 billion despite high burdens from Trump's tariffs. The iPhone company had previously forecast additional costs of $900 million. The 10% increase in revenue to $94 billion was also confirmed.
Der Spiegel
1. August 2025 um 00:00

Strong iPhone Sales Deliver Record Quarter for Apple

Apple presents excellent quarterly results. However, the success is also due to accelerated iPhone purchases due to Trump's tariffs.
CW

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