Donald Trump has escalated his criticisms of Apple, signaling a shift in his relationship with CEO Tim Cook, who was previously considered a confidant. Trump's recent threats of a 25% tariff on iPhones produced overseas highlight his discontent with Apple's production practices. Despite Cook's previous efforts to secure exemptions from tariffs and Apple’s substantial contributions to the U.S. economy, including a $500 billion investment in AI servers, the potential for increased prices on iPhones could drastically impact the market, with analysts predicting hypothetical costs could reach $3,000 for a smartphone if production shifts back to the U.S.
"for years was 'one of Mr. Trump's most beloved chief executives,' and 'tech's leading Trump whisperer', per The New York Times."
"Apple doesn’t disclose iPhone sales by country, but worldwide they accounted for about 55% of its total revenue in the first quarter of its current fiscal year; iPhones make up about 53% of the U.S. smartphone market."
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