From Nasdaq: 2025-05-03 04:47:00

Apple (NASDAQ: AAPL) reported strong fiscal Q2 earnings, with revenue up 5% to $95.4 billion and earnings per share up 8% to $1.65. Tariffs had limited impact in Q2, but Apple expects a $900 million tariff impact in Q3. Most iPhones sold in the U.S. in Q3 will come from India. Some products are exposed to 145% Chinese tariffs, but most products are not subject to global reciprocal tariffs. Apple’s tariff exposure in Q2 and Q3 relates to February IEEPA tariffs. CEO Tim Cook remains mum on potential tariff-related price increases, emphasizing uncertainty about the future.

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Read more at Nasdaq: Apple’s Tariff Impact: 10 Things Investors Should Know