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

Friday May 2, 2025. 08:00 PM , from TheMacObserver
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 […]
This post Tim Cook Says the Tariffs May Cost Apple $900M This Quarter appeared first on The Mac Observer
https://www.macobserver.com/news/tim-cook-says-the-tariffs-may-cost-apple-900m-this-quarter/

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