President Donald Trump warned computer makers Wednesday that he’ll soon hit them with a 100% tariff on chips and semiconductors imported into the United States. However, companies that make chips in the United States are exempt. Trump specifically called out Apple as one of the companies that will not be affected.
Processors for many Apple products are already produced in Arizona, and the company just announced a new deal with Samsung to make other types of chips in Texas.
August 6, 1997: In one of the most famous moments in Apple history, Steve Jobs reveals a $150 million Microsoft investment that saved his company from ruin.
August 5, 1997: Apple gets into a standoff with Power Computing, a maker of Macintosh clones. A very public clash at the Macworld Expo in Boston marks the beginning of the end for Apple’s mid-1990s strategy of licensing the Mac operating system.
August 4, 2008: In an internal memo, Apple CEO
August 3, 2009: Google CEO Eric Schmidt resigns from Apple’s board of directors amidst increasing competition between the two companies.