Trump claims Tim Cook called him about EU fining Apple $17 billion

Share via:


Tim Cook’s job as CEO covers a number of roles and responsibilities. One of them involves maintaining relationships with political powers. And according to Donald Trump, he and Cook recently had a conversation about the EU’s recent rulings against Apple.

Trump’s podcast appearance discussed economy and Cook relationship

Trump appeared on the latest episode of the PBD (Patrick Bet-David) podcast, which posted today on YouTube. (via The Verge)

In the wide-ranging conversation about various political issues, Bet-David and Trump get on the topic of the economy. During which Trump shares that he had just talked to Apple’s Tim Cook “two hours ago, three hours ago.”

The subject of the conversation was the EU’s recent rulings against Apple, and their hefty price tags.

Trump recalls Cook saying, “I’d like to talk to you about something. The European Union has just fined us $15 billion.”

Trump responds to Cook, “That’s a lot.” Then continues to the interviewer, Bet-David, “Then on top of that they got fined by the EU another $2 billion, so it’s a $17-18 billion fine…[Cook] said something that’s interesting. He said, ‘They’re using that to run their enterprise.’ Meaning Europe, their enterprise.”

Trump says he told Cook, “I’ve got to get elected first. But I’m not going to let them take advantage of our companies.”

Apple’s history with the EU and political powers

The EU fines Trump referenced involve a few different matters. The largest being the recent ruling on Apple’s Irish tax case which comes with a €13B price tag.

Separate fines relate to Apple’s role in “thwarting fair competition from music-streaming rivals”, and potential fines still on the way related to Apple’s DMA compliance.

It’s very possible Cook has had similar conversations with Kamala Harris, but that hasn’t been reported yet.

In any case, as we have seen during current and previous U.S. administrations, Cook has sought to represent Apple’s best interests with whoever is in power at any given time. Which I suppose is the nature of a modern CEO’s role at a company like Apple.

FTC: We use income earning auto affiliate links. More.



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Popular

More Like this

Trump claims Tim Cook called him about EU fining Apple $17 billion


Tim Cook’s job as CEO covers a number of roles and responsibilities. One of them involves maintaining relationships with political powers. And according to Donald Trump, he and Cook recently had a conversation about the EU’s recent rulings against Apple.

Trump’s podcast appearance discussed economy and Cook relationship

Trump appeared on the latest episode of the PBD (Patrick Bet-David) podcast, which posted today on YouTube. (via The Verge)

In the wide-ranging conversation about various political issues, Bet-David and Trump get on the topic of the economy. During which Trump shares that he had just talked to Apple’s Tim Cook “two hours ago, three hours ago.”

The subject of the conversation was the EU’s recent rulings against Apple, and their hefty price tags.

Trump recalls Cook saying, “I’d like to talk to you about something. The European Union has just fined us $15 billion.”

Trump responds to Cook, “That’s a lot.” Then continues to the interviewer, Bet-David, “Then on top of that they got fined by the EU another $2 billion, so it’s a $17-18 billion fine…[Cook] said something that’s interesting. He said, ‘They’re using that to run their enterprise.’ Meaning Europe, their enterprise.”

Trump says he told Cook, “I’ve got to get elected first. But I’m not going to let them take advantage of our companies.”

Apple’s history with the EU and political powers

The EU fines Trump referenced involve a few different matters. The largest being the recent ruling on Apple’s Irish tax case which comes with a €13B price tag.

Separate fines relate to Apple’s role in “thwarting fair competition from music-streaming rivals”, and potential fines still on the way related to Apple’s DMA compliance.

It’s very possible Cook has had similar conversations with Kamala Harris, but that hasn’t been reported yet.

In any case, as we have seen during current and previous U.S. administrations, Cook has sought to represent Apple’s best interests with whoever is in power at any given time. Which I suppose is the nature of a modern CEO’s role at a company like Apple.

FTC: We use income earning auto affiliate links. More.



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

More like this

Indian Startup Funding — Startups Raised $26 Mn This...

SUMMARY Between December 23 and 28, Indian startups cumulatively...

Reliance Jio Opposes Move To Regulate OTT Content Services

SUMMARY Reliance Jio Infocomm Ltd has reportedly opposed the...

Coforge: Coforge, Cigniti announce merger pact

Coforge and Cigniti technologies have announced a merger,...

Popular

Upcoming Events

Startup Information that matters. Get in your inbox Daily!