154 place 25

274 Apple could spend $900 million on tariffs over the next quarter

Engadget
Mariella Moon @ Engadget · 05/02/2025 09:00 EDT

Apple could spend $900 million on tariffs over the next quarter

In an earnings call for the quarter ending in March, Apple CEO Tim Cook said the company expects to pay around $900 million for US tariffs for the months of April to June. Apple saw limited impacts from tariffs for the months January through March, which doesn't come as a surprise since most of the government's new import taxes didn't exist before April. The company was also able to optimize its supply chain and inventory before then. Cook admitted that Apple can't give a precise estimate of the impact tari

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