EarningsCall
Apple says tariffs will cost it at least $900 million this quarter
Apple says tariffs will cost it at least $900 million this quarter Apple estimates that US tariffs will cost it at least $900 million this quarter, primarily due to increased costs from China-based products. The majority of iPhones sold in the US will have India as their country of origin, while Vietnam will be the […]
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Amazon’s CEO says the company can weather challenges from tariffs because of how big it is
Amazon’s CEO says the company can weather challenges from tariffs because of how big it is Amazon’s CEO Andy Jassy believes the company can weather challenges from tariffs due to its massive size and extensive product offerings. The company has seen “extremely large selections” and “hundreds of millions of SKUs,” allowing it to adapt to […]
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