Apple CFO Says Ex-Tariff Refunds, Gross Margin Would Have Hit Midpoint Of Guidance Range
-Conference Call
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Why It Matters
Apple's finance leader said that without tariffs (taxes on imports), the company's profits would have been right in the middle of their goal range. When you look at Apple's results, remember that tariffs are pushing profits down, so it's worth watching if those tariffs change.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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