Apple says tariffs will cost it at least $900 million this quarter

Apple is primarily sourcing its iPhone from India and iPads, Macs, Apple Watches, and AirPods from Vietnam in the U.S., with China still dominating total product sales outside the U.S. The company faces tariffs at 20% on Chinese-origin products, plus a 125% rate for certain items announced in April. However, these reciprocal tariffs haven't impacted Apple yet due to ongoing investigations into semiconductors. For the June quarter, Apple estimates $900 million in additional costs from these tariffs, without predicting future impacts or changes in production.