electronics devices will get their own assessment and tariff within a couple of months. So Apple only temporarily got off the hook.
“He’s saying they’re exempt from the reciprocal tariffs, but they’re included in the semiconductor tariffs, which are coming in probably a month or two,” Lutnick said in the interview on ABC
Only now did I understand after reading Trump’s own message what was going on in that guy’s head (not even his own ministers and assistants have understood it correctly 
)
All products coming from China have fentanyl +20%, including electronics. So, also products imported from China by Apple etc.
In addition, electronics belong to the group of semiconductors, which will later get their own group and rules and tariffs.
So, 20% of electronics comes from countries Trump accuses of fentanyl, e.g., China, but zero from countries not accused of fentanyl, e.g., India.
And later, there will be that own semiconductor tariff for electronics.
Apple’s market value rose again above $3 trillion when the Trump administration exempted iPhones, computers, and chips from new tariffs. This saves Apple significant costs, but analysts warn that the tariff exemptions may only be temporary.
"Key Points
Apple shipped iPhones worth approximately two billion dollars from India to the United States in March, anticipating Trump’s tariff increases.
The company used air and express deliveries to ensure inventory levels, especially for devices supplied by Foxconn and Tata. Apple also lobbied for speeding up customs clearances in Chennai. The actions were thus part of a strategy to avoid cost increases caused by tariffs.
I personally believe that those Chinese ‘everything apps’ are a big reason. Apple’s ecosystem doesn’t need it when a few apps handle everything. And those apps work better on Android because they can control the device more freely and customize things.
Apple will release its results on May 1st.
According to the tweeter, a bigger concern than tariffs is the company’s lack of innovation, e.g., Apple Intelligence is delayed, new devices do not entice upgrades, and Vision Pro failed.
The tweet also states that long-term investors are wondering if Apple can grow without significant new products/innovations.
Apple reported strong Q1 results; operating profit and earnings per share grew. The Services business achieved double-digit growth, and iPhone revenues remained at a high level. The company also unveiled new Macs and iPads, as well as the iPhone 16e.
Tim Cook emphasized the strong development of services and stated that the company had significantly reduced its emissions in ten years. CFO Kevan Parekh, in turn, highlighted high customer loyalty and a new record level for the installed base across all device categories.
https://x.com/wallstengine/status/1918040688324735376
EDIT:
Here are various “highlights”:
https://x.com/Quartr_App/status/1918042551052873932
Here are Apple’s figures nicely visualized.
Apple’s services revenue has risen to 100 billion. 
Below is Bluman’s story about how Apple is considering raising the prices of iPhone models later this year, likely combining the increases with new “features” and designs.
According to the story, the price increases are being sought to be detached from the perception that they were due to tariffs imposed by the United States on China. Apple intends to increasingly shift its iPhone production to India in the future to reduce China dependence and tariff risks.
Apple has been raising the starting prices of its new models every few years. Soon, you won’t even be able to get the basic model for under a thousand.
The court ordered Apple to either resolve its dispute with Epic Games or return to court to explain why it is delaying the return of Fortnite to the App Store. According to Epic, the game was blocked even though it submitted a new version for approval, but e.g., Spotify and Kindle have had similar changes approved.
The judge stated that Apple can resolve the matter without further court proceedings and warned that a responsible person must appear in person for a hearing if no progress is made.
The dispute dates back to 2020, when Apple removed Fortnite due to its direct payment system, which led to extensive legal proceedings.
https://www.cnbc.com/2025/05/19/apple-fortnite-epic-games.html
An interesting take from a tweeter:
OpenAI buys Jony Ive’s AI startup for $6.4 billion, challenges Apple’s “device moat,” and believes that the future relies on AI agents instead of applications.
The same way BlackBerry missed the moment by thinking in keyboards while Apple thought in glass, Apple now risks thinking in apps while OpenAI is thinking in agents.
https://x.com/StockSavvyShay/status/1925238135069581565
It was down 4% in the pre-market.
Wild guess: Some mystery man bought a massive pile of put options with a short expiration time last night. This seems to be a particularly frequent coincidence, at least with the current administration.
The article below talks about how Apple is trying to restore its position regarding artificial intelligence. The company has received criticism for the delay in Siri’s development and for not really keeping pace with Google’s and Samsung’s AI innovation.
“While much of WWDC will be about what the next great thing is for the iPhone, the unspoken question is: What’s the next great thing after the iPhone?” said Dipanjan Chatterjee, another analyst for Forrester Research.
“The trade war and uncertainty linked to the tariff policy is of much more concern today for Apple’s business than the perception that Apple is lagging behind on AI innovation,” Husson said.
https://machinelearning.apple.com/research/apple-foundation-models-2025-updates
A 3 billion parameter foundation model quantized to 2-bit using a sparse model? That’s bound to be as dumb as a doornail and hallucinates more than David Copperfield 
Apple is in quite an embarrassing situation, as they have to lobotomize their own hardware model just because they can’t be bothered to put enough RAM in their phones. For some reason, Apple always struggles with memory in all its devices, when it wouldn’t cost much to put, say, 16 GB of RAM in every device sold. When falling below 4 bpw, the confusion of AI models grows exponentially (image below), so this is quite a drastic compromise they now have to make.
MLX, on the other hand, is absolutely brilliant and has developed tremendously in recent months, clearly being Apple’s best bet to stay relevant in the field, but for some strange reason, nothing was mentioned about it this time 
The article below discusses how Apple plans to release a foldable iPhone next year. The device’s display might come from Samsung. The price would be high. With such a phone, Apple aims to attract new customers and increase iPhone sales. The phone might also include a calculator as standard.
Key Points
Here’s SalkunRakentaja’s article about Apple’s AI adventures.
Subheadings:
