President-elect Trump says Apple CEO Tim Cook phoned him after victory

Speaking with The New York Times, Trump claimed that both Cook and ex-Microsoft CEO Bill Gates had called him to discuss matters relevant to each. Apple, and by association, Cook, has plenty to discuss with the President-elect.

iPhone manufacture in the U.S.

In a campaign speech at Virginia's fundamentalist Liberty University in January, Trump promised that he would force Apple to manufacture its hardware in the US instead of looking to overseas labor.

At the same rally, Trump proposed a 35 percent tax on any business making goods overseas, including Apple.

Tim Cook has publicly rejected the idea of moving iPhone construction to the U.S., citing labor force and raw material issues. Regardless of public comments, Apple has reportedly commissioned reports by Foxconn and Pegatron to examine the possibility of migrating iPhone production, with mixed results.

Confusion about cash repatriation

While mass media portrays Trump's 10 percent overseas earnings tax proposal as a reduction in the effective taxation rate to repatriate cash, the proposal as it stands levies the tax regardless of they were returned to the U.S. or not.

Trump himself has made contradictory claims on what he plans to do about or for companies who wish to return a large overseas cash stash to the U.S.

Trump, on Apple encryption

Following the San Bernardino shooter's iPhone 5c encryption debacle, Trump called for a boycott of Appleback in February.

"First of all Apple should give the security for that phone, okay?" Trump said at a rally in South Carolina. "What I think you oughta do is boycott Apple until such time as they give that security number. How do you like... I just thought of that."

Investigators wanted Apple to create a backdoor in iOS to unlock an iPhone 5c that was tied to the 2015 massacre, but Apple said doing so would potentially compromise the security of every iPhone on the market.

Investments in Apple

In May, financial documents showed that Trump has multiple investments in Apple, worth between $1.1 million and $2.25 million.

At this point, it is unclear what the President-elect wants to do about potential conflicts of interest, with a Tweet earlier in the day suggesting that the U.S. voting base were fully aware of international business interests, and didn't care, during the election.