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Speaker 1: You're listening to the Saturday Morning with Jack Tame podcast

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Speaker 1: from News Talks at b.

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Speaker 2: Paul Stenhouse is our texpert and is here this morning. Hey, Paul, So,

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Speaker 2: Apple has given a few more details on the US

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Speaker 2: tariffs and its strategy to try and keep iPhones and

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Speaker 2: MacBooks and that kind of thing as cheap as possible.

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Speaker 3: Yeah. Well, remember they filled up a plane, Jack to

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Speaker 3: try to get as many iPhones into the United States

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Speaker 3: as possible when these tariffs were first talked about, and

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Speaker 3: they've now said in their latest earnings call that basically

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Speaker 3: your iPhone, if you're buying it in the United States

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Speaker 3: in the next couple of months, will be coming from India, right,

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Speaker 3: while your iPad, Mac Apple Watch AirPods they're going to

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Speaker 3: be coming from Vietnam, right And so basically the rest

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Speaker 3: of the world is going to be getting the output

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Speaker 3: of the China factory. Right, So they're going to take

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Speaker 3: all that product that they typically make in China, send

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Speaker 3: that around the world, and in the USA is going

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Speaker 3: to get it owned sial products. But it's really interesting

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Speaker 3: to note that, right they say that if nothing else

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Speaker 3: about these tariffs change, because who knows they could change,

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Speaker 3: they seem to change daily. The current estimate is that

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Speaker 3: it will cost them just for this one quarter nine

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Speaker 3: hundred million US dollars.

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Speaker 2: Whoa, okay, so yeah, crazy, like one point seventy zealands. Yeah,

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Speaker 2: my gosh billion, yeah billion.

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Speaker 3: Yeah. And so you know, they also are putting out

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Speaker 3: their guidance their investors saying that because again nothing changing. Yeah,

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Speaker 3: imports going forward will actually be exempt from the terrifts

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Speaker 3: because Trump put in that that carve out for semiconductors

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Speaker 3: and electronic goods and things like that. So this is

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Speaker 3: sort of like the one quarter where Apple's going to

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Speaker 3: have to eat it at nine hundred million US dollars.

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Speaker 2: Yeah, that's amazing. I just imagine logistically, because obviously all

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Speaker 2: those companies are pretty advanced and their you know, production

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Speaker 2: strategies and all that kind of thing. Just imagine trying

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Speaker 2: to change all of the logistics for your production and

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Speaker 2: exports effectively overnight as they've had to do. So, Yeah,

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Speaker 2: it'd be very interesting to see how things unfold there.

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Speaker 2: And I suppose for the time being, unless you know, unless,

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Speaker 2: unless there are other big changes and changes between our

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Speaker 2: relationship New Zealand's relationship with China Trading relationship. Then basically

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Speaker 2: iPhones and MacBooks and everything are still going to be

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Speaker 2: the same price, just as expensive as they've always been

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Speaker 2: in New Zealand. And whether or not they're cheaper or

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Speaker 2: expensive relative to products sport in the US, I suppose

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Speaker 2: depends on whether or not those policies change. So yeah, hey,

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Speaker 2: Meta is working to make WhatsApp AI chats a little

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Speaker 2: bit more private.

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Speaker 3: Yeah, Privacy obviously front and center when it comes to

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Speaker 3: just you know, sending information up to the cloud, right,

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Speaker 3: and so as you're sending more and more personal data

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Speaker 3: and having conversations with your AI agent, obviously that's important too.

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Speaker 3: And so Meta is it's basically calling what creating what

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Speaker 3: they call private processing. So what it effectively is is

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Speaker 3: that when you start having your chat with your AI agent,

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Speaker 3: it's working in your own little say Jack Tame bubble right. Effectively,

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Speaker 3: it's running like you know, it's own software in the cloud.

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Speaker 3: You know, it's not doing it in something that's shared.

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Speaker 3: They're saying that Meta, what'sapp Because Meta obviously owns WhatsApp

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Speaker 3: or any of their third parties, they can't see what's

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Speaker 3: going on, so that's going to stay completely private to you.

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Speaker 3: It is optional though it's in the process of being

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Speaker 3: rolled out, and when it does get rolled out for

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Speaker 3: you, you'll actually have to go in and select to use

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Speaker 3: the private process in private mode. But it's interesting because

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Speaker 3: Apple's doing this too. Apple strategies a little bit different.

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Speaker 3: They're going to try and do as much processing as

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Speaker 3: they can on your device, which is why your new

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Speaker 3: iPhone has these, you know, specially design AI chips, and

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Speaker 3: then they go to the cloud and go into private

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Speaker 3: mode only when they need to. Where meta strategy is,

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Speaker 3: we're going to do everything in the cloud, but hey,

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Speaker 3: we're going to try to keep this private where we can.

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Speaker 2: Yeah, very good, Okay, Hey, thanks Paul, appreciate your time.

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Speaker 2: That is our Textbert Paul Steamhouse.

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Speaker 1: For more from Saturday Morning with Jack Tame, listen live

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Speaker 1: to News Talks ed B from nine am Saturday, or

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Speaker 1: follow the podcast on iHeartRadio.