Apple CEO Tim Cook says tariffs to add $900M in costs in Q3, but future uncertain
1. Tim Cook noted limited tariff impact on Apple in Q2 earnings call. 2. Apple estimates tariffs may cost $900 million in Q3 if policies stay unchanged. 3. CEO Cook emphasizes ongoing engagement with tariff discussions and production sourcing. 4. Investors are cautiously optimistic about limited tariff effects on Apple's future. 5. Apple's strategic sourcing reduces the potential negative impact from U.S. tariffs.