Apple CEO Tim Cook revealed some much-anticipated details about the impact of President Donald Trump’s trade war on his company, describing a relatively modest increase in costs this quarter. But his response didn’t entirely satisfy Wall Street,

Apple CEO Tim Cook said President Donald Trump’s tariffs could tank the company’s profits in the second quarter during a Thursday earnings call. “For the June quarter, currently we are not able to precisely estimate the impact of tariffs,

The levies will weigh on the iPhone maker, despite Trump's decision to spare key electronics from the new import taxes.