Apple shares rise 1.5% after revenue forecast beats estimates

LONDON, Aug 1 (Reuters) – Apple’s Frankfurt-listed shares (AAPL.O), rose 1.46% on Friday a day after it forecast revenue for the current quarter ending in September well above Wall Street’s estimates.
Its shares rose around 3% in U.S. after-hours trading, despite a warning from CEO Tim Cook that U.S. tariffs would add $1.1 billion in costs over the period.

 

Reporting by Alun John; Editing by Amanda Cooper

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