Apple staring down $2 billion in total tariff costs in total before end of September

Apple's bill for Trump's tariffs in the third quarter was a little less than first expected, but Tim Cook has cautioned that it will be considerably more in the next quarter, totaling about $2 billion across just two quarters.

Trump's tariffs are increasingly costing Apple more per quarter

Back in March 2025 and Apple's regular earnings report, CEO Tim Cook took the unusual step of looking ahead to the next quarter. It was because of the then impending impact of Trump's tariffs, and Cook said to expect that the cost to Apple would be $900 million.

That figure was less than expected and appeared to show that Apple had successfully reshaped its supply and delivery lines to mitigate against the worst of the tariffs. Now during its latest earnings call, Cook reported that the actual impact of tariffs was approximately $800 million.Continue Reading on AppleInsider | Discuss on our Forums