Apple will incur some losses in the coming quarter, as it is willing to face them head-on instead of passing them on to the end user. During the company’s earnings call amid hefty tariff concerns, Apple CEO Tim Cook explained how the new tariffs imposed by the Trump administration would have a direct impact on the pricing strategy of different products. The Trump administration has currently put a hold on reciprocal taxes, but the time will eventually run out. In the meantime, Apple could negotiate some terms if it wants to amend the percentages. Apple will absorb the $900 million […]
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