Remix.run Logo
▲ motionlessveloc 2 hours ago

> Diluted earnings per share was $2.10, up 14 percent year over year, and included a favorable impact of $0.05 from tariff refunds.

In other words, the money consumers used to pay Trump's tariffs was not refunded to the consumers, but went straight to Apple's bottom line instead.

▲cmsj 2 hours ago | parent | next [-]

If I remember correctly, Apple didn't put up prices due to the tariffs, they ate it out of their bottom line.

▲rconti 40 minutes ago | parent [-]

They waited until AFTER the tariffs went away to raise their prices! :D

▲solenoid0937 an hour ago | parent | prev [-]

Hey Alexa, define "refund"