Apple CEO Warns U.S. Tariffs Could Cost Apple $900m In Q3 – Independent Newspaper Nigeria

Apple CEO Tim Cook warned that U.S. tariffs could increase Apple’s costs by up to $900 million in the third quarter, despite the company’s strong recent financial results.
Apple saw limited tariff impact in the March quarter but cautioned about uncertainty in global trade policies and tariff changes going forward.
The company is diversifying its supply chain by producing iPhones in India and other devices in Vietnam to mitigate geopolitical risks.
Despite challenges, Cook emphasized Apple’s long-term focus on innovation, prudent management, and confidence in continuing to deliver top products and services.