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Apple CEO Tim Cook says tariffs to add $900M in costs in Q3, but future uncertain
Apple CEO Tim Cook offered the company's first comments on the impact of President Trump's tariffs during Thursday's second-quarter earnings call with
Apple CEO Tim Cook offered the company’s first comments on the impact of President Trump’s tariffs during Thursday’s second-quarter earnings call with investors. In an interview with CNBC, Cook had downplayed the impact of tariffs, noting that Apple is already sourcing about half its iPhones for the U.S. from India, and most other products for the U.S. market from Vietnam. BOOK NOW “For our part, we will manage the company the way we always have, with thoughtful and deliberate decisions, with a focus on investing for the long term, and with dedication to innovation and the possibilities it creates,” Cook said.
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