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Tim Cook Says Tariffs Will Cost Apple at Least $900M in April-June Quarter
Apple CEO Tim Cook warned that tariffs will add $900 million in costs. Cooper Neill/Getty Images
Apple (AAPL) CEO Tim Cook was peppered with seemingly nonstop tariff questions during the company’s quarterly earnings call yesterday (May 1). Addressing mounting concerns over U.S.-China trade tensions, Cook revealed that current tariffs could cost the iPhone maker $900 million in the April–June period.
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