Apple expects to have $ 900 million in costs next quarter due to tariffs

by Andrea
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Company released its results for the period ended in March and exceeded profit expectations

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Statement was made by the technology giant CEO, Tim Cook

The wait is $ 900 million in costs next quarter, which will be closed in June, due to the current tariff structure, says technology giant CEO Tim Cook. “This estimate should not be used to make projections for future quarters, as there are certain specific factors that benefit the quarter of June,” added Cook. On the afternoon of Thursday (1), Apple released its results for the quarter ended in March and exceeded profit expectations, as well as reporting sales growth before the tariff announced in April by the US president ,.

*With information from Estadão Content and Dow Jones Newswires
Posted by Fernando Dias

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