Tim Cook Says the Tariffs May Cost Apple $900M This Quarter

Tim Cook Says the Tariffs May Cost Apple $900M This Quarter

Apple expects to take a $900 million hit this quarter due to Trump’s tariffs, CEO Tim Cook said during the company’s earnings call on Thursday. The cost impact, projected for the April–June quarter, stems from a 20% levy on products imported from China, where many Apple devices were still sourced earlier in the year. Cook […]

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