Wireless providers such as AT&T and Verizon have indicated they are unlikely to absorb much of the tariff load on smartphone pricing.

Apple (NASDAQ: AAPL) held its fiscal 2025 second-quarter earnings call after the market closed on Thursday. Instead, both Apple's management and analysts on the earnings call were fixated on tariffs.

The stock has lost close to a fifth of its value so ... and Bank of America moved to $235 from $240. JPMorgan warned Apple may be able to get ahead of the impact of tariffs by building up inventory, but that benefit will fade the longer the levies are ...

Apple faces slowing hardware growth, steep tariffs, and excessive capital returns that threaten earnings quality. Find out why AAPL stock is a sell.

Cook noted that Apple is now sourcing many of the iPhones slated for sale in the U.S. from India, and most of its other products headed for the U.S. are now coming from Vietnam. Apple reshuffled its production after President Trump slapped a cumulative 145% tariff on many imports from China.

On its second-quarter earnings call, Apple CEO Tim Cook addressed the elephant in the room: tariffs. "For the March quarter, we had a limited impact from tariffs as we were able to optimize our supply chain and inventory,

Apple's quarterly sales and profit for the second quarter narrowly beat out Wall Street expectations as iPhone sales were strong in the face of impending tariffs

U.S. equities soared at midday following this weekend's agreement between the U.S. and China to lower tariffs for 90 days.

Apple shares fell more than 4 percent in early trading Friday as investors weighed an outlook for the iPhone maker that’s clouded by tariffs. The company’s fiscal second-quarter results came in ahead of analyst estimates, with sales rising 5 percent to $95.4 billion, and diluted earnings per share jumping 8 percent to $1.65.

Apple shares drop as Tim Cook warns of $900M in added costs from tariffs; production shifts to India and Vietnam to cushion US exposure.

Apple stock rose after the U.S. and China agreed to a cooling-off period on tariffs. But services business challenges remain an overhang.