Several companies have pulled their full-year outlook for 2025, with many citing market uncertainty exacerbated by Trump’s tariffs.

Quarterly earnings from both Amazon and Apple Inc., two of the world’s most valuable companies, put on full display how US President Donald Trump’s trade wars threaten the bottom line of even big

Apple's earnings saw growth across most products and a record for service revenue. The company also warned of potential tariff impact.

Apple shares fell 5% on Friday after the company trimmed its stock buyback program and CEO Tim Cook flagged a $900 million tariff-related hit to costs this quarter amid a raging Sino-U.S. trade war.

That is how much tariffs will add to Apple's costs this quarter, assuming existing policies remain in place, said Chief Executive Tim Cook. He forecast the hit could worsen further ahead. Shares in the iPhone maker fell nearly 3% in premarket trading.

Trump's tariffs will cost Apple about $900 million in Q2, but Tim Cook says most iPhones sold in the US will come from India, meaning lower tariffs and, hopefully, no price hikes for you.

Apple Inc.’s much-awaited quarterly earnings report failed to soothe investor concerns about its biggest challenges, including escalating tariff costs and a slowdown in China.

Apple is moving much of its production for U.S. markets out of China, responding to President Donald Trump's ongoing tariff policies.

Apple reported a decline in revenue for mainland China, Hong Kong and Taiwan for the quarter ended March 29, as the US tech giant continued to lose ground in the Chinese market amid a trade war with the US and fierce domestic competition.