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Apple Estimates Trump Tariffs Will Add $900 Million to Costs in June Quarter

By Todd Spangler May 1, 2025 | 3:38 PM

Apple’s services revenue continued to climb in the first three months of 2025 to hit a new record, although at a slower pace than past quarters — and it came in just a hair below analyst expectations. The company overall topped Wall Street estimates. On the call with investors, CEO Tim Cook said President Trump’s […]