Apple reported $9.55 billion in revenue from China, along with its third quarter earnings report on Tuesday, making for a 19 percent jump since this time last year. But on a call with investors after Apple's third quarter earnings report, investors expressed concern that a recent round of proposed tariffs could impact Apple's future pricing and market share in China.

Apple CEO Tim Cook reiterated the company's position that tariffs can have "unintended consequences" for consumers and the economy, and are generally not the right approach for modernizing U.S.-China relations, but glossed over what if any impact the new set of tariffs on $200 billion in goods could have on Apple products.

"...The trade relationships and agreements that the U.S. has between the U.S. and other major economies are very complex, and it's clear that several are in need of modernizing, but we think that in the vast majority of situations that tariffs are not the approach to doing that," Cook said on a call with investors.