Chinese premier visits Foxconn, suggests Apple assembler refocus on China rather than US

China Premier Li Keqiang visited a Foxconn production center, and reportedly told the Apple partner's CEO to set up its "whole industrial chain" in China, rather than expanding further into other countries like the U.S.

Mike Wuerthele 9 years ago 24

Apple's growing cash hoard surges to $256.8 billion

As of the end of the March quarter, Apple held $256.8 billion cash on hand, with the vast majority of it held overseas awaiting possible repatriation tax reform — if the U.S. government is inclined to cooperate.

Mike Wuerthele 9 years ago 31

Trump calls tech CEOs to June meetings, orders overhaul of US government IT

U.S. President Donald Trump has reportedly signed a new executive order, creating a council meant to "transform and modernize" government IT systems. Simultaneously, the White House revealed a series of meetings in June, during which some 20 high-tech CEOs — likely including Apple's Tim Cook — will be brought in to discuss the topic.

Roger Fingas 9 years ago 60

Trump using new iPhone to tweet despite prior calls for Apple boycott

President Donald Trump is the proud owner of a new iPhone. America's commander-in-chief is now confirmed to be tweeting from a device he called on supporters to boycott during last year's campaign, citing the tech giant's refusal to cooperate with authorities investigating the San Bernardino shootings.

Mikey Campbell 9 years ago 74

Apple CEO Tim Cook tapped to advise President Trump's 'Office of American Innovation'

On Monday U.S. President Donald Trump is expected to announce a new White House agency dubbed the "Office of American Innovation," staffed by former business executives and advised by current ones — among them Apple CEO Tim Cook.

Roger Fingas 9 years ago 99

Foxconn chairman raises uncertainties over building displays for Apple in USA

Apple manufacturing partner Foxconn has yet to decide whether or not to proceed with plans to jointly invest in a $7 billion facility in the U.S., with Chairman Terry Gou expressing concerns over government incentives, supply chain issues, and a shortage of skilled labor in the country.

Malcolm Owen 9 years ago 32

Cook pledges support to pro users, talks Trump at Apple's annual shareholder meeting in Cupertino

Apple on Tuesday held its annual shareholder meeting, where the company's board was re-elected, Ernst and Young was named its accounting firm, and a number of shareholder proposals were rejected. AppleInsider was there and offers notes of interest from the proceedings.

AppleInsider Staff 9 years ago 132

Apple condemns Trump withdrawal of transgender bathroom use protections

Apple on Wednesday issued a statement in response to President Donald Trump's recent withdrawal of federal protections for transgender students, condemning the action as an effort that sets back human rights initiatives.

Mikey Campbell 9 years ago 0

Editorial: Uncertainties of a dysfunctional American government likely to hurt Apple's performance

Shares of Apple are currently trading at an all time high, in a bull market rally that recently-elected U.S. President Trump has frequently taken credit for. However, stock market gains—including Apple's—appear to be driven primarily by favorable earnings reports from the December quarter. The economic future of Apple — and the U.S. overall — is less certain, given risks related to infrastructure investment, taxes, currency valuations, immigration restrictions and travel bans under the new administration.

Daniel Eran Dilger 9 years ago 0

Tim Cook talks Steve Jobs as inspiration, immigration executive order at University of Glasgow

Apple CEO Tim Cook spoke at his honorary degree ceremony at the University of Glasgow, discussing what motivations graduates should use for employment, President Trump's immigration executive order, and Steve Jobs as his main professional inspiration.

Mike Wuerthele 9 years ago 0

Sharp said to take lead role in $7 billion US manufacturing plant construction

A long-discussed manufacturing plant, said to be built by Apple manufacturer Foxconn or its subsidiary Sharp, may break ground as soon as the summer of 2017 with Sharp at the helm, according to a new report

Mike Wuerthele 9 years ago 6

Apple, Google, 95 other U.S. companies file in opposition to Trump's immigration ban

Apple, Google and Microsoft joined a list of nearly 100 technology companies in signing an amicus brief on Sunday opposing President Donald Trump's executive order on immigration, saying the temporary ban "inflicts significant harm on American business."

Mikey Campbell 9 years ago 1

Apple weighing legal action against Trump immigration ban, to match employee donations to refugee relief funds

Apple CEO Tim Cook said his company is mulling legal options in light of President Donald Trump's recent executive order on immigration, while he personally puts pressure on "very, very senior people in the White House" to repeal the policy.

Mikey Campbell 9 years ago 22

Tim Cook: Repatriation of $231B in overseas cash would be 'very good for the country and good for Apple'

With the newly anointed administration of U.S. President Donald Trump signaling a business-friendly environment, Apple Chief Executive Tim Cook said he's hopeful that his company will be able to finally bring some of its massive $231.3 billion cash hoard back home at a reasonable tax rate.

Neil Hughes 9 years ago 3

Trump administration's work visa plans could shake up recruiting at Apple, other US tech firms

The draft proposal of an executive order by U.S. President Donald Trump could drastically alter the hiring practices of tech companies like Apple, a report said on Monday.

Roger Fingas 9 years ago 1

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