Add that to the $500 billion the company had already pledged to Trump.

"Things are not likely to look much sunnier in the days to come."
“We settled on 25%, but I think I’m gonna raise that very substantially over the next 24 hours.” — President Trump, speaking of India's tariffs
Read More Munster: Apple may in fact be too big to tariff (video)
"Classic innovator’s dilemma. Too worried about protecting profit margins, while they are being disrupted by the next computing shift."
Read More Tae Kim: 'Apple is being way too timid and hesitant'
From Ed Harvey's "iPhone rakes in 3 times the revenue of any rival" posted Monday by Cult of Mac.
Read More Apple's smartphone revenue share hit 43% in June quarter

"This... makes it extremely difficult for a mere manager to contemplate spending 10x or 20x in CapEx to pursue a model of computing that isn’t in the company’s nature."

"If you buy a new phone because of a feature that’s coming soon. But, it’s been coming soon for a full year. You could change your definition of soon. Or you could just. Change your phone."
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