Trump Not Concerned Over Apple's Low Earnings

Entertainment (now)
Entertainment (now)
  • 5 years ago
President Donald Trump downplayed Apple's recent announcement that revenue was weaker than expected for the holiday quarter.
Trump also seemed to blame Apple's revenue shortfall on the iPhone makers decision to manufacture their products in China.
But according to Apple CEO Tim Cook, the real reason was a slowdown in Chinese retails sales that he blamed in part by Trump's trade war with Beijing.
Trump also claimed Apple's stock is up "hundreds of percent since I'm president.

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