# Apple anticipates a 17-billion-rand increase in costs this quarter due to US tariffs on Chinese imports. To mitigate this, CEO Tim Cook announced that most iPhones sold in the US will now be manufactured in India, while iPads and other devices will come from Vietnam. Despite these challenges, Apple reported a five-percent revenue increase to 1.7-trillion-rands. However, he said that its share price fell nearly four-percent amid ongoing trade tensions and concerns over its Chinese market performance.
Apple faces R17-billion tariff hit, shifts US iPhone production to India