Another analyst said, “Cook continues to prove that he is 10% politician and 90% CEO,” referring to the Apple chief executive.
The iPhone maker's announcement comes just days after the company’s CEO Tim Cook met with President Donald Trump amid concerns about the impact of tariffs.
Amid Donald Trump-imposed tariffs, Apple has announced what it called largest-ever spending commitment, $500 billion over four years.
Donald Trump says Apple's CEO promised to move manufacturing in Mexico to plants in the United States. More details here.
Facing possible tariffs for the products made for it in China, Apple announced on Monday that it will spend $500 billion over the next four years expanding facilities in the United States.
Yahoo Finance will chronicle the latest news and updates on Trump's tariffs — from the threats to the eventual policy.
CEO Tim Cook met President Donald Trump at the White House yesterday to discuss the impact of tariffs on iPhone sales. The