this post was submitted on 24 Feb 2025
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As the other guy said, I think Apple is working in it's own interests more than anything and the tarrifs were not the primary motivation. For one, Apple does not mention tarrifs or reference them in both their 2021 $430 billion investment announcement or their more recent $500 billion announcement. On top of that, at the end of last year Bloomberg reported Apple is still committing to investing more in China. Do the tarrifs play a part in the US investment? Maybe, but I think it would be foolish to say this is a sign of them being the primary motivator for them.
You do realise that Apple sells things outside of US and don’t have to worry about tariffs there?
Yes, of course, about half their revenue comes from outside the US from a quick search. But doesn't that reinforce my point that tarrifs were likely not the primary reason for this US investment? China is not threatening tarrifs on Apple, yet they still plan to invest there because it is in their best interest and the interests of their shareholders.
Apple is building loads of capacity to cover as much of US demand as needed due to tariffs and not more because it’s cheaper to produce elsewhere and not burdened by tariffs. They did not put the reason for this in writing because you can see how Apple fans behave when you mention that conservatives achieved some of their goals. It would affect sales and therefore be fiscally irresponsible. Btw, have you really reviewed all Apple public financial statements? I didn’t so I don’t want to claim something doesn’t exist there.
You’re literally seeing what tariffs are supposed to achieve but refuse to admit that. They have many downsides but brining in work and investment ain’t it.
Nope, I never claimed anything of the sort of course, I am basing all of the understandings I have off the research I can do on publicly avalible stats and statements. I'm just replying to your "someone make a counterpoint" comment like you asked. Despite saying you haven't reviewed Apples financials and that you don't want to claim something that doesn't exist, you seem very set on the fact that tarrifs were a major factor. I agree that Apple would never state the reason, they are a ~~private~~ company and are allowed to do so, I'd probably do the same.
Edit: Don't know why I said private, they are publicly traded but still have no requirement to disclose their reasonings to the general public.