Cooke expectsiPhoneIt will not be troubled by the increasingly tense trade relationship between China and the United States. He said: "I don't think the iPhone will be subject to tariffs. Based on what people tell me and what I see, I don't see this sign."
The hardware and chip technology giants are the most vulnerable to the impact of tariff increases in China and the United States. FactSet data shows that Apple's supply chain has long been rooted in China, and China is also Apple's second largest source of income after the United States.
Speaking to U.S. President Donald Trump at a White House meeting in May, Cook said it was wrong to impose tariffs.
Cooke said in an interview with CNN: “No one will win from an ever-evolving trade war. It will be a game without a winner. I think that when the facts are so clear, I think both China and the United States can see this. And it can solve the problem."
Apple consumers have seen that the price of the iPhone has reached the highest price in 10 years, even without additional taxes. The company’s high-end iPhone X sells for close to 1,000 US dollars. In the first quarter of 2018, the company’s mobile phone’s average selling price increased by US$100 over the same period last year.
In an interview with CNN, Cook thinks that the regulatory technology company is "fair" (although he disagrees with it) because the problems surrounding privacy "have completely gone out of control."
Cooke explained: "Overall, I don't like regulation very much. I think self-regulation is the best. But when it doesn't work and it doesn't work in some cases, you have to ask yourself, What kind of regulatory form may be good. In my opinion, this is a fair question that many people raise at this time."
He added: "I think the privacy issue is completely out of control. Most people may not know who is tracking them, the extent to which they are being tracked, and how much detailed data about them has been stored."
Cooke commented that Facebook is being criticized for its handling of user data. The social networking giant revealed in April that 87 million user data may be shared with Cambridge Analytica, a controversial political data analysis company. Politicians in Europe and America have called on Facebook to respond to the scandal. Some have also called for more regulation of the technology industry to prevent such incidents in the future.
Apple in the recent globalDevelopmentAt the WWDC, many new products and features were released. The company announced details of the latest version of the operating system iOS 12. The market value of Apple soared to 940 billion U.S. dollars on that day, a record high. Many investors expect that Apple's market value will soon reach 1 trillion US dollars. (small)