Friday’s dinner date, according to the Wall Street Journal, was “one of the more profitable political wine-and-dines ever.”
From Shona Ghosh “Tim Cook’s pitch to Trump that Apple will lose the edge to Samsung because of tariffs makes no sense” ($) posted Tuesday:
- Trump told reporters from Bloomberg and other outlets that Cook had made a “compelling argument” that tariffs on China would hamper Apple’s ability to compete with its main smartphone rival, Samsung.
- If Cook did make this argument, it doesn’t make a lot of sense. Apple is already behind Samsung on smartphone sales, and it doesn’t have anything to do with tariffs.
- An increase in iPhone prices might mean existing iPhone customers are even slower to upgrade than usual, but that has nothing to do with Samsung…
- Caveat: This is Trump’s version of Cook’s remarks. We haven’t heard directly from Cook or Apple.
My take: Business Insider is stirring up trouble (and clicks) again, caveat be damned.