The founder of Moffettnathanson, the founder and first analyst Craig Movit, is discussing the impact of the company on the company on “Climan Country”.
president Donald Trump He said he faced a “small problem” this week with the CEO of Apple Tim Cook and the technology giant using facilities in India to make iPhone devices for sale in the United States
The president told what he told Cook while making statements at an event in Qatar on Thursday during his ongoing trip to the Middle East.
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“I have faced a small problem with Tim Cook Yesterday, I told him, Tim, my friend, I treated you well. You are coming at $ 500 billion, but now I hear that you are building all over India. I do not want you to build in India. You can build in India if you want to take care of India, because India is one of the highest countries in the world, ”Trump said.
President Donald Trump is going to farewell to flying the air force at his next station at the end of the Qatari leg on his regional tour at the southwestern air base from Doha on Thursday. (Brendan Smialowski / AFP via Getty Images / Getty Images)
“But I said to Tim, I said, Tim, look, we have dealt with you well. We have dealt with all the plants you build in China for years. Now you have to build us. We are not interested in building you in India, India can take care of themselves, it is very well. We want you to build here.”
Apple has turned into India for more future production for the American market phones to try to reduce its dependence on China on manufacturing and deal with customs tariffs, According to Bloomberg.
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During the second -quarter profit call of Apple at the beginning of the month, Cook told analysts and investors that Apple expected the “majority” iPhone sold in the United States ” India Like their original country “in the third quarter. As for iPad, Mac, Apple Watch and AirPods sold in the United States,” almost all “will have Vietnam as their country of origin, according to Apple CEO.
Tim Cook, CEO of Apple, was seen before Super Bowl Lviii at Allegiant Stadium in Las Vegas on February 11, 2024. (PA WIRE / PA photos via Getty Images / Getty Images)
He added: “China will remain the country of origin for the vast majority of the total product sales outside the United States.”
Trump said on Thursday that Apple “will increase its production in the United States.”
“Apple is already in $ 500 billion, but they will increase its production, so it will be great,” he said.
In February, apple I pledged at $ 500 billion of funds over a period of four years, the technology giant said would be based on “his long history in investing in American innovation and advanced manufacturing with high skills.”
The Apple logo is suspended over the Apple Store entrance on Street 5 in the Manhattan area of New York City on December 5, 2016. (Reuters photos / Brendan McDdedid / Reuters)
The company said that this investment will include Apple and its partners to create a new “advanced manufacturing” facility in Houston for servers directed towards Apple artificial intelligence.
Other measures include under a plan worth $ 500 billion in planning the advanced manufacturing fund in the United States, and stimulating an “academy in Michigan to train the next generation of American manufacturers” and expand “its investments in research and development in the United States to support edge fields such as silicone engineering,” according to the company.
Apple has achieved approximately 95.36 billion dollars of sales in the second quarter, with about 46.84 billion dollars from that next From iPhone. The net of her separation income was 24.78 billion dollars.
| index | protection | last | Changing | % Change |
|---|---|---|---|---|
| Aapl | Apple Inc. | 211.45 | -0.88 |
-0.41 % |
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