Apple CEO Tim Cook made it clear, that the company will reinvest any tariff refund it gets into new U.S. manufacturing initiatives, further funding domestic production.
Construction is ongoing – Image Credit: Apple
Construction is ongoing – Image Credit: Apple
In almost an afterthought at the end of the earnings conference call, Cook made a big announcement. Beyond just going through the recently-announced motions and filing for that tariff refund, Apple has a plan.
While there were no specifics, and nobody left to follow up the statement, Apple will invest what it gets back into US manufacturing.