Any tariff refund Apple gets will be reinvested into US manufacturing
Apple CEO Tim Cook made it clear, that the company will reinvest any tariff refund it gets into new U.S. manufacturing initiatives, further funding domestic production. Construction is ongoing - Image Credit: Apple In almost an afterthought at the end of the earnings conference call, Cook made a big announcement. Beyond just going through the recently-announced motions and filing for that tariff refund, Apple has a plan. While there were no specifics, and nobody left to follow up the statement, Apple will invest what it gets back into US manufacturing. Continue Reading on AppleInsider | Discuss on our Forums
What happened?
Apple CEO Tim Cook made it clear, that the company will reinvest any tariff refund it gets into new U.S. manufacturing initiatives, further funding domestic production. Construction is ongoing - Image Credit: Apple In almost an afterthought at the end of the earnings conference call, Cook made a big announcement. Beyond just going through the recently-announced motions and filing for that tariff refund, Apple has a plan. While there were no specifics, and nobody left to follow up the statement, Apple will invest what it gets back into US manufacturing. Continue Reading on AppleInsider | Discuss on our Forums
Story details
Apple CEO Tim Cook made it clear, that the company will reinvest any tariff refund it gets into new U.S.
manufacturing initiatives, further funding domestic production.
Construction is ongoing - Image Credit: Apple In almost an afterthought at the end of the earnings conference call, Cook made a big announcement.
Why it matters
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