Apple earnings recap: Stock slips as China sales miss; Tim Cook warns of possible $900 million tariff hit in June quarter
Tim Cook.
AP Photo/Richard Drew
- Apple reported fiscal second-quarter earnings on Thursday.
- The tech giant beat revenue and earnings-per-share estimates, but service revenue disappointed.
- It estimates tariffs could add $900 million to costs in the current quarter.
Apple reported fiscal second-quarter earnings on Thursday after the closing bell, and it answered tariff questions with a nearly billion-dollar answer.
The tech giant told investors on a call...