On Apple's Q3 earnings call, CEO Tim Cook fielded questions on tariffs, smart glasses, AI investment, and its lucrative Google search deal.

According to Apple's recent earnings call, tariffs will add another $1.1 billion to its costs this quarter. What does that mean for you?

During the company's fiscal third quarter, which ended on June 28, Apple posted a little less than $44.6 billion in revenue from its iPhone business, a 13% increase from the previous year. Those iPhone sales helped Apple reach total revenue of $94 billon, another June quarter record for the company, and a 10% increase from last year's sales.