Apple reports second-quarter earnings after the bell

Apple CEO Tim Cook greets former President Barack Obama at the inauguration of U.S. President Donald Trump at the U.S. Capitol Rotunda in Washington, D.C., on Jan. 20, 2025. Apple reports fiscal second-quarter earnings Thursday after the bell. Wall Street is eager to hear from Apple for the first time about how it is planning to deal with the Trump administration's tariffs. Investors will also want to know what impacts tariffs might have on the company's sales, earnings and product prices. Neither Apple nor CEO Tim Cook have yet to publicly comment on the hefty tariffs President Donald Trump announced for every country around the world on April 2 or the revised plans to place tariffs of up to 145% on imports from China. Apple makes about three-quarters of its revenue from physical products such as iPhones, Macs and iPads that are mostly made in China, and the U.S. is its largest market. Analysts at TD Cowen have estimated that the current tariffs could cost Apple 6% of its earning ... Read full article.