Don’t make Tim Cook mad, or he might elliptically refer to something you did in an earnings call.
His comments were directed at Donald Trump, whose love for tariffs could impact the cost of certain Apple products, many of which are made and sold in China.
The small guns were out in medium effect today during the Apple Q3 earnings call, when the CEO casually addressed Trump’s existing and threatened Chinese tariffs. Cook, in typical Cook fashion, minced a few words.
“Our view on tariffs is that they show up as a tax on the consumer and wind up resulting in lower economic growth,” he noted — without mentioning Trump by name — on the conference call, “and sometimes can bring about significant risks of unintended consequences.” Read more…
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Author: Jack Morse
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