The iPhone maker warned that it may take a $900 million hit from President Trump’s levies, showing that even powerful companies aren’t immune from the trade war.

Apple (AAPL) reported fiscal second-quarter revenue and earnings that surpassed analysts’ expectations, with higher-than-expected iPhone sales. The iPhone maker reported revenue of $95.4 billion, up 5% year-over-year and above the analyst consensus from Visible Alpha.

Several companies have pulled their full-year outlook for 2025, with many citing market uncertainty exacerbated by Trump’s tariffs.

And Apple CEO Tim Cook had quite a carefully crafted statement. (Check out CNET's regularly updated tariff pricing tracker.) And the word of the day for this earnings call was "color." "Now let me walk you through the impacts of tariffs in the March quarter and give you some color on what we expect for the June quarter,

Apple CEO Tim Cook said Thursday that the majority of iPhones sold in the U.S. in the current fiscal quarter will be sourced from India, while iPads and other devices will come from Vietnam as the company works to avoid the impact of President Trump’s tariffs on its business.

Apple’s profit and revenue for the fiscal second quarter topped Wall Street’s expectations, but investors are waiting to hear what CEO Tim Cook has to say about the impact of tariffs and economic uncertainty on its business.

Apple's Q2 results show resilience, but tariff concerns weigh on margins. Analysts weigh in on stock outlook, manufacturing shifts & long-term potential.

Business 'Outright lies': judge says Apple violated competition court order. May 1, 2025. Apple violated a U.S. court order that required the iPhone maker to allow greater competi

Epic Games told the court in March 2024 that Apple was “blatantly” violating the court’s order, including by imposing a new 27% fee on app developers when Apple customers co

The judge hammered Apple for violating a ruling over restrictions in its App Store. The case was referred to federal prosecutors for a criminal contempt investigation.