Tim Cook says Trump tariffs could cost Apple more than $900M in June quarter

10 articles, oldest first.

1. Variety

   Apple Estimates Trump Tariffs Will Add $900 Million to Costs in June Quarter ↗ (opens Variety)

   Published Apr 30, 2025

   Variety's feed description

   Apple's services revenue continued to rise in the first three months of 2025, as investors awaited word on how Trump's tariffs might hurt its business.

2. New York Post

   Apple warns tariffs will add $900M to costs — and CEO Tim Cook unveils iPhone pivot ↗ (opens New York Post)

   Published Apr 30, 2025

   New York Post's feed description

   Apple on Thursday reported results that narrowly beat Wall Street expectations as consumers stocked up on iPhones amid fears of potential import taxes on its signature device from President Trump.

3. The Hill

   Tim Cook says Trump tariffs could cost Apple more than $900M in June quarter ↗ (opens The Hill)

   Published May 1, 2025

   The Hill's feed description

   Apple CEO Tim Cook said President Trump’s tariffs could tank the company’s profits in the second quarter during a Thursday earnings call. “For the June quarter, currently we are not able to precisely estimate the impact of tariffs, as we are uncertain of potential future actions prior to the end of …

4. ZDNet

   Tariffs will take a $900 million bite out of Apple next quarter, says Tim Cook ↗ (opens ZDNet)

   Published May 1, 2025

   ZDNet's feed description

   Who will be picking up this almost billion-dollar tab?

5. CNN

   Trump’s tariffs could cost Apple $900 million this quarter, CEO Tim Cook says ↗ (opens CNN)

   Published May 1, 2025

   CNN's feed description

   Tariffs could add $900 million to Apple’s costs this quarter, Apple CEO Tim Cook said on Thursday, as he revealed the tech giant was shifting production of iPhones sold in the United States from China to India.

6. Quartz

   Apple says tariffs will cost it a whopping $900 million this quarter ↗ (opens Quartz)

   Published May 1, 2025

   Quartz's feed description

   CEO Tim Cook said Apple will buy more than 19 billion chips from U.S. manufacturers and continue to shift manufacturing from China to India

7. Investopedia

   Tariffs To Take a Bite Out of Apple's Results ↗ (opens Investopedia)

   Published May 1, 2025

   Investopedia's feed description

   Apple CEO Tim Cook said the Trump administration’s tariffs, if they remain at their current levels, will cost Apple about $900 million in the current quarter that runs through June.

8. Observer

   Tim Cook Says Tariffs Will Cost Apple at Least $900M in April-June Quarter ↗ (opens Observer)

   Published May 1, 2025

   Observer's feed description

   Apple CEO Tim Cook warns of $900M tariff hit this quarter as company ramps up iPhone production in India and expands U.S. manufacturing.

9. Honolulu Star-Advertiser

   Apple estimates tariffs will add $900M to costs in June quarter | Honolulu Star-Advertiser ↗ (opens Honolulu Star-Advertiser)

   Published May 1, 2025

   Honolulu Star-Advertiser's feed description

   SAN FRANCISCO >> Apple today 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.

10. Engadget

    Apple could spend $900 million on tariffs over the next quarter ↗ (opens Engadget)

    Published May 1, 2025

    Engadget's feed description

    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.