Apple (AAPL) shares drop after company flags $900 million tariff hit
Friday, 2 May 2025 ()
Apple shares slid nearly 3% on Friday after the company trimmed its stock buyback program by $10 billion, and warned of an estimated $900 million in additional costs for the current quarter due to trade tariffs imposed under US President Donald Trump’s administration. Chief Executive Tim Cook said the company is bracing for a significant […]
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