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Stockreport

Apple will ‘look at' manufacturing in Indonesia, CEO Cook says, as China diversification push continues [CNBC]

Apple Inc. (AAPL)  More Company Research Source: CNBC
Last apple inc. earnings: 4/30 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.apple.com
time when the iPhone giant continues to diversify its supply chain away from China. “We talked about the president's desire to see manufacturing in the country and it's something that we will look at,” Cook told reporters after the meeting. “I think the investment ability in Indonesia is endless. I think that there's a lot of great places to invest. And we're investing. We believe in the country.” Over the past three years, Apple has been accelerating its push to diversify its manufacturing base beyond China after the Covid-19 pandemic exposed the Cupertino giant's reliance on the world's second-largest economy. Covid disrupted operations and production at Apple's main iPhone factory in China, operated by its assembly partner Foxconn. Apple has since sought to broaden its base of manufacturing. Vietnam has been a key beneficiary, becoming one of Apple's biggest manufacturing hubs outside of China. Products such as the MacBook, iPad and Apple Watch are being manufactured th [Read more]
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Stockreport

Apple will ‘look at' manufacturing in Indonesia, CEO Cook says, as China diversification push continues [CNBC]

Apple Inc.  (AAPL) 
More Company Research Source: CNBC
Last apple inc. earnings: 4/30 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.apple.com
time when the iPhone giant continues to diversify its supply chain away from China. “We talked about the president's desire to see manufacturing in the country and it's something that we will look at,” Cook told reporters after the meeting. “I think the investment ability in Indonesia is endless. I think that there's a lot of great places to invest. And we're investing. We believe in the country.” Over the past three years, Apple has been accelerating its push to diversify its manufacturing base beyond China after the Covid-19 pandemic exposed the Cupertino giant's reliance on the world's second-largest economy. Covid disrupted operations and production at Apple's main iPhone factory in China, operated by its assembly partner Foxconn. Apple has since sought to broaden its base of manufacturing. Vietnam has been a key beneficiary, becoming one of Apple's biggest manufacturing hubs outside of China. Products such as the MacBook, iPad and Apple Watch are being manufactured th [Read more]
IMPACT SNAPSHOT
EVENT TIME:
AAPL
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS