Trump Tariffs Could Cost Apple $1.1 Billion, Says Tim Cook
According to Apple CEO Tim Cook during the company’s earnings call, he says that Trump tariffs are adding $1 billion to its overall costs.
Apple Expects $1.1 Billion Hit From Tariffs This Quarter, CEO Tim Cook Says
Apple is preparing to absorb $1.1 billion in tariff costs this quarter, CEO Tim Cook told investors on Thursday's earnings call.
Trump’s Tariffs Expected to Cost Apple an Additional $1.1 Billion
However, tariff-induced fear did help Apple sell more iPhones.
Apple Hits 3 Billion iPhones Sold Amid Surge in Sales, But Tariff Costs Loom
Apple crosses 3 billion iPhones sold, with 13% sales growth, but faces $1.1 billion tariff burden next quarter.
Panic buying ahead of Trump tariffs added $825 million to Apple's sales last quarter
World War Fee: iBiz warns import imposts set to rise
Apple hits 3 billion iPhones sold as sales jump 13%, but tariffs to cost $1.1 billion next quarter
Apple has officially sold over 3 billion iPhones since the device first hit the market in 2007. The milestone was confirmed by CEO Tim Cook during the company’s latest earnings call for the third quarter.
Apple hits record India revenue in June quarter, sees $1.1 billion September quarter tariff costs overall
Apple CEO Tim Cook discusses Q3 earnings, iPhone growth, new stores in India and UAE, and evolving tariff situation.
Apple Services Revenue Grows 13% to New Record, Earnings Massively Beat Street Amid Trump Tariff Uncertainty
Apple continued to drive double-digit growth in its Services business, which increased revenue 13.3% to $27.42 billion for the June 2025 quarter -- a new quarterly record
last updated on 2 Aug 05:13