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 tariffs will have on the company in the coming months
→ Continue reading at Engadget
