Apple has posted second quarter results slightly ahead of expectations despite concerns over Donald Trump's tariffs.
Most devices sold in the United States will now come from India instead of China, with Vietnam becoming a major production hub for iPads and Apple Watches.
Apple expects Trump's tariffs to add $900 million to its costs for the upcoming quarter if global tariff rates remain the same.
In the second quarter, Apple reported a net profit of $24.8 billion, with revenues reaching $95.4 billion, showing growth in iPhone revenues and decline in Wearables, Home, and Accessories segment.