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Stock impact report

Apple CEO praises China's innovation, long history of cooperation on Beijing visit [Reuters]

Apple Inc. (AAPL) 
Last apple inc. earnings: 4/30 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.apple.com
Company Research Source: Reuters
for its rapid innovation and its long ties with the U.S. iPhone maker, according to local media reports. Apple (AAPL.O) CEO Tim Cook on Saturday used his first public remarks in China in recent years to praise the country for its rapid innovation and its long ties with the U.S. iPhone maker, according to local media reports. Cook is in Beijing to attend the China Development Forum, a government-organised event being held again in full force after the country ended its COVID controls late last year. Besides Cook, the event is being attended by senior government officials as well as CEOs of firms such as Pfizer and BHP. "Innovation is developing rapidly in China and I believe it will further accelerate," Cook was quoted by The Paper news outlet as saying. His visit comes at a time of rising tensions between Beijing and Washington and as Apple has been looking to reduce its supply chain reliance on China and moving production to new up and coming centres such as India. Last y Show less Read more
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