July 31 (Reuters) - Apple Inc ( AAPL ):
* APPLE ( AAPL ) CEO TIM COOK SAYS JUNE QUARTER WAS RECORD FOR
UPGRADING
CUSTOMERS
* APPLE ( AAPL ) CEO TIM COOK SAYS INCURRED $800 MILLION IN TARIFF
RELATED
COSTS IN JUNE QUARTER
* APPLE ( AAPL ) CEO TIM COOK SAYS ESTIMATE THE IMPACT TO ADD ABOUT
$1.1
BILLION TO COSTS IN SEPT QUARTER
* APPLE CFO KEVAN PAREKH SAYS SEPT QUARTER TOTAL COMPANY
REVENUE
TO GROW MID-HIGH SINGLE DIGITS
* APPLE CFO KEVAN PAREKH SAYS EXPECT GROSS MARGIN TO BE
BETWEEN
46% AND 47% IN SEPT QUARTER
* APPLE EXPECTS SERVICES SEGMENT REVENUE IN SEPT QUARTER TO
GROW
AT SAME RATE AS IN JUNE QUARTER - CFO ON CONF CALL
* APPLE CFO KEVAN PAREKH SAYS GROSS MARGIN FORECAST INCLUDES
$1.1
BILLION TARIFF RELATED COSTS
* APPLE ( AAPL ) CEO TIM COOK SAYS JUNE QUARTER WAS FIRST FULL
QUARTER OF
CHINA GOVERNMENT SUBSIDIES PLAYING OUT
* APPLE ( AAPL ) CEO TIM COOK SAYS REALLOCATING NUMBER OF PEOPLE TO
FOCUS
ON AI FEATURES
* APPLE ( AAPL ) CEO TIM COOK SAYS ACQUIRED 7 COMPANIES THIS YEAR
* APPLE ( AAPL ) CEO TIM COOK SAYS OPEN TO M&A TO ACCELERATE AI
ROADMAP
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