Tim Cook: Apple incurred approximately $800 million of tariff-related costs for the June quarter.
For the June quarter, we incurred approximately $800 million of tariff related costs. For the September quarter, assuming the current global tariff rates, policies, and applications do not change for the balance of the quarter and no new tariffs are added, we estimate the impact to add about 1.1% billion to our costs. This estimate should not be used to make projections for future quarters as there are many factors that could change including tariff rates. ...