*By Michael Teich* Though iPhones and Mac computers made in China have been spared U.S. tariffs, the brewing trade war between Washington and Beijing could finally catch up with Apple, the world's most valuable publicly traded company. None of the tariffs considered by the Trump administration so far have materially affected Apple's business, but in his third-quarter earnings call with analysts on Tuesday, Apple's CEO Tim Cook said it was too early to predict if other policies under consideration could affect the company's bottom line. "Our view on tariffs is that they show up as a tax on the consumer and wind up resulting in lower economic growth," Cook said in Tuesday's call. Mike Murphy of Quartz told Cheddar that consumers' willingness to pay for Apple's most expensive productーthe iPhone Xーis a good sign that even a trade-war inspired bump in prices for its other devices won't deter loyal iPhone users. "If we have no problem buying a $1,000 phone, we'll probably have no problem buying a $1,100 phone," Murphy said in an interview Wednesday. The iPhone represents Apple's biggest source of revenue. If tariffs were to hit Apple, they would likely affect the company's fastest-growing division, "Other Products," which includes Apple Watch, AirPods, and the HomePod. Revenue from other products reached $3.74 billion in the third quarter, up 36 percent from a year earlier. Apple doesn't disclose exact numbers for the Apple Watch, but Cook said sales grew in the "mid-40 percent range." Apple does not appear worried about the prospect of tariffs dampening its business. The Cupertino-based company delivered fiscal fourth quarter revenue guidance of between $60 billion and $62 billion, topping Wall Street's estimate of $59.47 billion, according to StreetAccount. For full interview, [click here](https://cheddar.com/videos/apple-spared-trumps-tariffs-for-now).

Share:
More In Technology
Electric Vehicle Prices Surge as Nickel Costs Rise
Chinese electric vehicle maker, Xpeng, just announced it's jacking up the price of its EVs due to the cost of raw materials on the rise. Sam Fiorani, vice president of global vehicle forecasting at AutoForecast Solutions, joins Cheddar News to discuss.
The Rise of 'Ghost Guns' in the U.S.
The rise of 'ghost guns' is the fastest growing gun safety problem in our country, as four recent shootings involved a 'ghost gun.' David Pucino, deputy chief counsel at Giffords Law Center to Prevent Gun Violence, joins Cheddar News to discuss.
Parkway VC Says Alphabet Spinoff Sandbox AQ 'Checks All the Boxes'
Jesse Coors-Blankenship and Gregg Hill, general partners at Parkway VC, joined Cheddar News' Closing Bell, where they say they decided to invest in Sandbox AQ because the Alphabet spinoff is 'one of the most important companies of the century' with a team carrying strong knowledge of A.I. and quantum tech.
Load More