Another analyst said, “Cook continues to prove that he is 10% politician and 90% CEO,” referring to the Apple chief executive.
Amid Donald Trump-imposed tariffs, Apple has announced what it called largest-ever spending commitment, $500 billion over four years.
Tech giant Apple says it will build a new manufacturing facility in Texas at some point in 2026 which will create "thousands" of new jobs including in artificial intelligence.
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.
Yahoo Finance will chronicle the latest news and updates on Trump's tariffs — from the threats to the eventual policy.