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The intelligence was a relief to investors , with one even calling it a “ jolly secure outcome . ” However , investors were still concerned as to what the next quarters could hold , reach the rapid changes to U.S. craft policy in late week .
Cook tell investor Apple ’s estimation was meant to allow for some color and would only hold if the current global tariff charge per unit , policies , and applications did n’t change for the balance of the quarter and if no raw tariff were add .
He also warned that this estimation should n’t be used to project the impact of tariffs in future quarters , as there are “ singular factor ” that benefit the June quarter .
Inan interview with CNBC , Cook had downplayed the impact of tariffs , remark that Apple is already source about half its iPhones for the U.S. from India , and most other product for the U.S. market from Vietnam .
When pressed by one investor to offer more detail on the June quarter and beyond , Cook said , “ I do n’t want to predict the future , because I ’m not sure what will happen with the duty . ”
Cook added that he would n’t want to presage the mix of production in the future , but note that he was very busy with the tariff discussions . ( That much was already clear . Shortly after a meeting with President Trump , Apple ’s iPhones were spared from the trade insurance policy changesthat could have send iPhone pricing glide . )
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“ For our part , we will manage the party the agency we always have , with heedful and deliberate decisions , with a focal point on investing for the foresightful term , and with dedication to innovation and the possibilities it create , ” Cook suppose . “ As we look ahead , we persist confident , confident that we will preserve to ramp up the human beings ’s best merchandise and services , confident in our ability to introduce and enrich our users ’ life sentence , and sure-footed that we can proceed to execute our business in a manner that has always limit Apple apart . ”
