It’s good to be the president. People just give you things, like the first 2019 Mac Pro assembled in Austin, Texas. Tim Cook gave this pricy computer to Trump, probably after the president toured the factory.
Apple CEO Tim Cook decried the shocking scenes that took place Wednesday in Washington, D.C., as supporters of outgoing President Donald Trump stormed the U.S. Capitol building.
“Today marks a sad and shameful chapter in our nation’s history,” Cook wrote on Twitter. “Those responsible for this insurrection should be held to account, and we must complete the transition to President-elect Biden’s administration. It’s especially when they are challenged that our ideals matter most.”
A WeChat ban imposed by President Donald Trump could cost Apple more than $25 billion per year, claims a report published Monday.
Those numbers are based on the idea that 75% of iPhone and iPad sales could dry up in China. Apple would lose money not just from the missing device sales, but also from the resulting decline in its subscription services.
President Donald Trump’s executive order blocking “transactions” involving Tencent’s WeChat will not hurt games owned, or partially owned, by the company.
That means it would not affect the likes of Riot Games’ League of Legends or Epic Games’ Fortnite, both of which have financial ties to Tencent. Instead, the executive order covers only WeChat transactions.
President Donald Trump’s dispute with TikTok and other Chinese tech companies could wind up hurting Apple.
Trump threatened to ban TikTok from the United States if Beijing tech company ByteDance does not sell the app by Sept. 15. (Microsoft is in talks to acquire TikTok. Apple on Tuesday shot down a rumor that it was interested in buying the social media company.)
According to multiple reports, China could respond to the United States’ “bullying” over TikTok by hitting back in its own way. The language in the reports, some of which come from government-backed Chinese newspapers, is vague. However, others suggest Apple could be an obvious target of China’s wrath.
President Donald Trump’s Huawei sanctions could result in the Chinese government hitting American companies, including Apple hard, new reports claim.
Fresh reports by the Washington Post, Global Times and Daily Mail say China could launch “rounds of endless investigations” on U.S. firms operating in China. These will have the effect of “[dampening] investors’ confidence” and squeezing the income of these firms in the China market.
Apple CEO Tim Cook sounds truly optimistic about how quickly the U.S. economy will recover from the COVID-19 pandemic. He reportedly told President Donald Trump on Friday that he expects the economy to undergo a V-shaped recovery.
Tim Cook is one of the advisers President Donald Trump will consult about the U.S. plans to reopen the economy following coronavirus lockdown.
Cook is one of a panel called the Great American Economic Revival Industry Groups that the president will consult via telephone. In total, the group consists of upward of 50 executives, think tank representatives and industry leaders.
President Trump’s declaration of a national emergency provided some much-needed relief to Apple’s stock price just before the market closed this afternoon.
Apple shares jumped up over $20 in value during the last 30 minutes of trading today, just after President Trump announced that the U.S. government will free up $50 billion in federal resources to combat the COVID-19 outbreak.