Apple's $300 fund in China

[Sefko Trafikant + 35]

Apple Inc. is launching a $300 million partnership in China to bring renewable energy to the country. Apple announced a new first-of-its-kind investment fund in China to connect suppliers with renewable energy sources. 

 

[Joanna + 68]

For Apple, being stretched between US and China, home country and its most important overseas market, is like having parents divorcing 

[Cokiga Damke + 53]

3 minutes ago, Sefko Trafikant said:

Apple Inc. is launching a $300 million partnership in China to bring renewable energy to the country. Apple announced a new first-of-its-kind investment fund in China to connect suppliers with renewable energy sources. 

 

 Is this response to the tariffs?

[Ajan Bosnjacki + 27]

2 minutes ago, Cokiga Damke said:

 Is this response to the tariffs?

Is Apple an US company 

[李伟王芳 + 77]

Just now, Ajan Bosnjacki said:

Is Apple an US company 

Mostly Irish

[李伟王芳 + 77]

7 minutes ago, Sefko Trafikant said:

Apple Inc. is launching a $300 million partnership in China to bring renewable energy to the country. Apple announced a new first-of-its-kind investment fund in China to connect suppliers with renewable energy sources. 

 

$300 million you mean? Well, just another company moving money and production out of US. Harley, BMW, Tesla...

[HermitMunster + 146]

How much revenue will this bring Apple? They are almost entirely dependent on IPhone sales for their revenue.

[John Foote + 1,135]

On 7/14/2018 at 4:11 PM, 李伟王芳 said:

$300 million you mean? Well, just another company moving money and production out of US. Harley, BMW, Tesla...

For Apple to move production to China, they would have to first move production out of China. They've used Chinese contracting manufacturing for years. And I believe I read Trump has ponied up a no-tariff promise for Apple products, for whatever that is worth. Apple is huge in China, and counterfeit iPhones are huge as well. Just part of the price of doing business there.