
$Apple(AAPL.US) stock now up 1% (was up 2% at start of the call) on the comment about the tariff impact in September will increase to $1.1B from $900m.
The $1.1B is not the issue, it's small, about 2% of revenue. The problem is it went up quarter on quarter and begs the questions for investors where is this tariff thing leading to for Apple.Source: Gene Munster
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