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Apple warns tariffs will add $1.4b costs in Jun. quarter

Apple says tariffs will cost it at least $900 million this quarter

For the June quarter, we do expect the majority of iPhones sold in the US will have India as their country of origin, and Vietnam to be the country of origin for almost all iPad, Mac, Apple Watch, and AirPods products also sold in the US. China would continue to be the country or original for the vast majority of total product sales outside the US.

PCMag on MSN · 34m

Apple Explains How It's Trying to Keep iPhone Costs Down Amid Tariff Uncertainty

Trump's tariffs will cost Apple about $900 million in Q2, but Tim Cook says most iPhones sold in the US will come from India, meaning lower tariffs and, hopefully, no price hikes for you.

Reuters on MSN · 38m

Apple estimates tariffs will add $900 million to costs in June quarter

Apple on Thursday estimated that tariffs will add about $900 million in costs to the quarter ending in June if rates do not change, with CEO Tim Cook outlining profound changes to the company's supply chain to minimize the impact of President Donald Trump's trade war.

Apple, Stock and Services Revenue

Forbes on MSN · 1h

Apple Reports Increased iPhone Demand Ahead Of Tariffs—But Stock Slips On Services And Lower China Sales

The company announced it upped its quarterly cash dividend to $0.26 per share and its board approved a $100 billion share buyback program.

Business Insider · 1h

Apple earnings live updates: Stock slips after service revenue misses but profit beats

Apple's earnings call is today at 5 pm ET. AAPL stock was down 15% YTD before the report.

Variety on MSN · 2h

Apple Services Revenue Rises 11.6% but Comes in Just Shy of Estimates, Tech Giant Posts $24.8 Billion Profit

Apple’s services revenue continued to climb in the first three months of 2025 to hit a new record, although at a slower pace than past quarters — and it came in just under analyst expectations. The company overall topped Wall Street estimates for the quarter even as investors awaited word on how President Trump’s tariffs

Apple, Fortnite and Court Order

Insider on MSN · 4h

Apple's huge stream of App Store revenue could be at risk

Tim Cook increasingly counts on Apple's App Store fees. Will a US court ruling in a case with Epic Games reshape the tech giant's revenue model?

PCMag on MSN · 8h

Fortnite Will Return to iPhone After Big Apple App Store Changes

A US court finds Apple violated its orders in the Epic Games case, which has been ongoing since August 2020. It will see the return of Fortnite to iOS for the first time in over four years.

Variety on MSN · 22h

‘Fortnite' Will Return to U.S. iOS App Store After Court Finds Apple Willfully Violated Court Order in Epic Games Suit

Epic Games’ juggernaut title “Fortnite” is heading back to the iOS App Store in the United States. According to court documents obtained and reviewed by Variety, a District Court in California found that Apple willfully violated the court order in the Epic Games v.

35mon MSN

Apple Posts Stronger-Than-Expected Q2 Results But Stocks Slide After-Hours

The numbers provide a snapshot of how Apple was faring before President Trump's unveiling of sweeping tariffs in April.

2hon MSN

Last quarter before Trump tariffs sees Apple beat Wall Street with $95.4 billion earnings

Apple has reported the fiscal results for the second quarter of 2025, with the financials revealing Apple may have benefited ...

Tim Cook: Apple is 'Making Progress' on Apple Intelligence Siri Features

During today's earnings call covering the second fiscal quarter of 2025, Apple CEO Tim Cook acknowledged the Apple ...

Apple to Source 19 Billion Chips from US Factories, Cook Says

Apple Inc. Chief Executive Officer Tim Cook said the company is planning to source more than 19 billion chips from the US for ...

Apple Tops Wall Street Expectations With $24.78 Billion Profit

The iPhone maker’s sales rose 5 percent to $95.36 billion, also beating expectations for its most recent quarter.

3hon MSN

Everything New on Apple TV+ in May 2025

Apple TV+ continues its 'quality over quantity' mantra this month, putting out just six new titles on the streaming platform, ...

Apple’s China Sales Decline Overshadows Solid Results

Apple’s declining China sales take the shine off otherwise solid results. Golf star Rory McIlroy teams up with TPG to launch ...

2hon MSN

Apple edges past expectations as world girds for tariff impact

Apple on Thursday reported results that narrowly beat Wall Street expectations as consumers stocked up on iPhones amid fears ...

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News

Apple warns tariffs will add $1.4b costs in Jun. quarter

Apple, Stock and Services Revenue

Apple, Fortnite and Court Order

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