During an earnings call, Apple CEO Tim Cook indicated that the company anticipates paying approximately $900 million in US tariffs for the April to June quarter, although its impact was limited in the previous quarter due to the timing of new import taxes. Cook noted that the estimate is based on current tariff rates and expressed uncertainty about future tariff implications, emphasizing Apple’s commitment to long-term investment and innovation. Additionally, Apple is shifting production for half of its US-bound iPhones to India and most other products to Vietnam to mitigate tariff costs.
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Yale’s new Google Home smart lock is here — but it costs more thanks to tariffs
The Yale Smart Lock with Matter launches on June 24th for $189.99, reflecting a $20 price increase due to tariffs. Designed for Google Home and compatible with various platforms, it offers features like a backlit keypad, 12 months of battery life, and remote control via the Google Home app, though it lacks integration with security systems at launch. Need More Context? 🔎
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