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International Business Times UK
International Business Times UK
Rohit David

Apple's Tim Cook Raises Alarm Over £720m Q2 Tariff Threat

Apple Tim Cook China Kohl United States

Apple's CEO, Tim Cook, just sounded a warning bell that got investors and iPhone fans on edge: new U.S. tariffs could slam the tech giant with a £720 million ($958 million) hit in its June 2025 quarter.

Announced during Apple's Q2 earnings call on 1 May 2025, this bombshell comes as the company navigates a tricky landscape of trade policies and declining sales in China.

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