On Tuesday, Apple (AAPL) CEO Tim Cook had a lot to say about the company's solid second-quarter earnings, but he didn't quite know how to respond when he was asked about President Donald Trump's comments last week.
Cook and other Apple executives held a call with investors late
Tuesday to go over the second-quarter earnings report. UBS analyst Steven
Milunovich asked about Trump's remark that Cook had personally promised to
build "three big, beautiful plants" in the U.S. Trump told the Wall Street Journal that he wouldn't consider his
administration an "economic success" unless Cook committed to
construct facilities on U.S. shores.
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Milunovich asked Cook whether the factories might be a possibility
"either directly or indirectly." The Apple chief initially responded
to the question by focusing on Apple's job creation in the U.S.
"We have created 2 million jobs in the U.S. and we're
incredibly proud of that," Cook said. "We do view that we have a
responsibility in the U.S. to increase economic activity including increasing
jobs. Because Apple could have only been created here."
Cook went on to explain the other strategies that Apple is
deploying to foster job creation in the U.S., including its educational
initiatives like teaching kids how to code, buying more goods and services from
U.S.-based suppliers and noting that roughly two-thirds of its employees
are based in the U.S.
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