07.03.2025
Apple is set to detail earnings for the third fiscal quarter of 2025 on July 31 in an investor call, though all eyes will be on how unstable tariff policies
Apple to reveal earnings for Q3 in July. Image source: Apple
Apple's Q3 tends to be quieter than the rest since holiday sales are long over and spring releases don't always drive the market, but 2025 has something the others didn't — Trump tariffs. Apple shared that it expected to take at least a $900 million hit to its bottom line if nothing changed from March.
Things did change, however, as the Trump administration agreed to back off its seemingly random "reciprocal" tariffs for 90 days as deals were worked out. However, the tariffs left in place were still magnitudes higher than what was in place before Trump took office in January.
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