President Donald Trump is set to meet with Apple CEO Tim Cook and the heads of other companies at the White House today to discuss ways the government can cut waste and improve its services.
During a conference call Friday, the Trump administration described an “economic opportunity” to save up to $1 trillion over the course of a decade by reducing government IT costs, better using government spending power, cutting fraud and more.
With an aim of modernizing government services, the group is being led by Trump’s son-in-law Jared Kushner. Some of the biggest names in tech are among the roster of advisers, many of whom publicly denounced Trump’s recent decision to leave the Paris climate agreement, which could make the meeting pretty interesting.
After helping unveil Apple’s huge software updates and new hardware lineup, Apple CEO Tim Cook sat down for a post-keynote interview where he discussed topics like the new HomePod and President Donald Trump.
Following President Trump’s decision to take the United States out of the Paris climate agreement, Apple CEO Tim Cook shared an email with Apple employees.
Cook, who spoke with Trump ahead of the announcement, said that his efforts to persuade Trump to stay in the agreement had failed. Despite this, Cook noted that it will have no impact on Apple’s environmental initiatives. Check out the letter below.
Apple’s second quarterly earnings report of 2017 will likely reveal the company now has over a quarter of a trillion dollars of cash stashed in the bank.
The iPhone-maker has so much cash its reserves exceed the foreign-currency reserves of the U.K. and Canada combined. During the last quarter of 2017, Apple’s money-making machine was earning $3.6 million per hour.
Three more of Apple’s suppliers say they are committed to making the switch from energy generated from fossil fuels to using 100% renewable energy to make iPhone components.
Despite Donald Trump’s plan to roll back environmental regulations, Apple Inc is continuing on with the promises it made under the Obama administration. Even though it may cost more money initially, Apple’s partners are starting to realize the change is good for business too.