Apple reported fiscal second-quarter revenue and earnings that surpassed analysts’ expectations, with higher-than-expected iPhone sales.

He also said most iPhones sold in the U.S. during the current quarter will come from India, while the “vast majority” of products sold outside the States will still come from China.

Most notably Apple CEO Tim Cook said that in the current quarter, April through June, the company will see costs of about $900 million assuming the current tariff policy remains for the whole quarter.

Apple (AAPL) is scheduled to report results of the second fiscal quarter of FY25 after the market close on Thursday, May 1, with a conference call scheduled for 5:00 pm ET. What to watch for ...

In addition, he outlined how Apple has started to build up a stockpile of products so that the majority of its devices sold in the U.S. this quarter will not come from China. Sign up here.

Apple Inc. Chief Executive Officer Tim Cook said that planned US tariffs on foreign imports will add $900 million in costs in the current period.

In the earnings call, Tim Cook revealed that Apple expects tariffs to cost it roughly $900 million next quarter, and his later response to speculation about price rises was ambiguous, to say the ...

Photo: Neill (Getty Images) Tariffs are about to hit Apple — and hard.As Big Tech and other firms continue to grapple with the Trump administration’s shifting tariff policies, Apple CEO Tim ...

Apple (AAPL) will report its second quarter earnings after the bell on Thursday as Wall Street looks for early signs of the impacts of President Trump's tariffs on the iPhone maker. The company is ...

I wouldn’t want to predict the mix of production in the future, but I wanted to give you clarity for the June quarter. So there you have it. It sounds as though Apple believes tariff costs might ...