{"id":5862,"date":"2025-05-02T09:11:36","date_gmt":"2025-05-02T09:11:36","guid":{"rendered":"https:\/\/ipp-news.com\/?p=5862"},"modified":"2025-05-02T09:11:36","modified_gmt":"2025-05-02T09:11:36","slug":"apple-ceo-tim-cook-flags-900m-tariff-risk-amid-ai-china-challenges","status":"publish","type":"post","link":"https:\/\/ipp-news.com\/?p=5862","title":{"rendered":"Apple CEO Tim Cook flags $900M tariff risk amid AI, China challenges"},"content":{"rendered":"<div>Apple CEO Tim Cook has warned that US tariffs could add $900 million in costs during the third quarter, casting a shadow over otherwise strong Q2 earnings.<\/p>\n<p>The comments, made during Apple\u2019s earnings call on Thursday, marked the company\u2019s first public remarks on the impact of President Trump\u2019s evolving trade policies.<\/p>\n<p>Cook said Apple experienced only \u201climited impact\u201d from tariffs in Q2 but emphasized that the Q3 estimate is based on current rates and could shift quickly.<\/p>\n<p>\u201cI don\u2019t want to predict the future, because I\u2019m not sure what will happen with the tariffs,\u201d Cook told investors.<\/p>\n<p>Apple reported $95.4 billion in revenue for the March quarter, up 5% year-over-year, and earnings per share of $1.65, an 8% increase. Services revenue grew 12% to $26.7 billion, driven by the App Store and Apple TV+.<\/p>\n<p>However, shares fell more than 4% post-earnings amid concerns over rising costs, falling China sales, and perceived slow progress in AI.<\/p>\n<p>China sales declined 2.3%, as local rivals Huawei and Xiaomi gained market share.<\/p>\n<p>Meanwhile, Apple\u2019s delay in launching advanced AI features, including a revamped Siri now postponed to 2026, has drawn criticism from analysts.<\/p>\n<p>In a CNBC interview, Cook noted Apple is reducing its reliance on China by sourcing iPhones from India and other products from Vietnam. Still, he stressed that future cost impacts are uncertain.<\/p>\n<p>\u201cThis is a volatile environment,\u201d said Forrester analyst Dipanjan Chatterjee. \u201cApple\u2019s brand strength is holding, but it can\u2019t afford to lag in AI or ignore rising costs.\u201d<\/p>\n<p>Cook reaffirmed Apple\u2019s commitment to long-term strategy and innovation but acknowledged that evolving global policies could reshape near-term operations.<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Apple CEO Tim Cook has warned that US tariffs could add $900 million in costs during the third quarter, casting a shadow over otherwise strong Q2 earnings. The comments, made during Apple\u2019s earnings call on Thursday, marked the company\u2019s first public remarks on the impact of President Trump\u2019s evolving trade policies. Cook said Apple experienced [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-5862","post","type-post","status-publish","format-standard","hentry","category-english-news"],"_links":{"self":[{"href":"https:\/\/ipp-news.com\/index.php?rest_route=\/wp\/v2\/posts\/5862","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ipp-news.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ipp-news.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ipp-news.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ipp-news.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=5862"}],"version-history":[{"count":0,"href":"https:\/\/ipp-news.com\/index.php?rest_route=\/wp\/v2\/posts\/5862\/revisions"}],"wp:attachment":[{"href":"https:\/\/ipp-news.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5862"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ipp-news.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5862"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ipp-news.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5862"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}