Apple CEO Tim Cook says tariffs to add only $900M in costs in Q3

Apple’s CEO Tim Cook commented on the impact of Trump’s tariff during the second-third earnings with investors on Thursday. Although the iPhone maker just saw the “limited impact” from the tariff on the March quarter, Cook said that Apple could not predict what the arrival quarters mean. However, if things are the same, the company assumes that tariffs will simply add $ 900 million to its expenses.

CEO investors told investors that this hypothesis was meant to provide some colors, and only current global tariff rates, policies and applications would not change for quarterly balance and if a new tariff was not added.

Cook warned that this hypothesis should not be used to project the impact of the tariff on the quarter of the future, as there are “unique reasons” benefited in June.

In An interview with CNBCCook also reduced the impact of the tariff, noting that Apple is already about half of the iPhone from India to the United States and most other products from Vietnam to the US market.

“I don’t want to predict the future, because I am not sure what will happen to the tariff,” Cook said by an investor to give more details to June Quarter.

He also said that he did not want to predict the future production mixture.

“For our parts, Cook said,” We will concentrate on the long -term investment and with the dedication of innovation and focus on the possibilities that it creates, we will always handle our thoughts and deliberate decisions. ” “As we look forward to, we are confident, confident that we are confident and confident in our skills to innovate and enrich our users that we can continue our business in such a way that Apple has always separated.”