President Donald Trump's tariffs have cost the iPhone-maker about $1 billion each quarter.
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Apple’s tariff bill has racked up about $1 billion per quarter, but that number should start shrinking following the Supreme Court decision on tariffs.
The Supreme Court on Friday struck down a large chunk of President Donald Trump’s far-reaching tariff agenda, delivering a major rebuke of the president’s key economic policy.
Apple has paid about $3.3 billion in tariffs since Trump initiated them last year.
The iPhone maker’s shares rose about 1% on Friday.
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