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flag Apple reports strong revenue growth despite facing a significant tariff impact of $1.1 billion.

flag Apple anticipates a $1.1 billion tariff impact for the quarter ending September, following an $800 million hit in the previous quarter. flag Despite these costs, Apple reported strong revenue growth of nearly 10% to $94.04 billion, driven by a 13.5% increase in iPhone sales. flag The company is shifting production to India and Vietnam to mitigate tariff effects. flag Sales in China also rose, reversing a previous decline. flag Apple's services segment also outperformed, with revenue of $27.42 billion. flag CEO Tim Cook noted that about 1% of sales growth came from early purchases to avoid tariffs.

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