For a long time everyone has been wondering what is the best use of its massive pile of cash (somewhere around a quarter trillion dollars currently). As a shareholder I would support them using a large chunk of that to extract themselves from China. It’ll be very expensive and take years, but they need to start the process. At the very least, get other countries set up to balance the load and reduce China’s leverage on the manufacturing side.
That quote from Tim Cook is quite damning, I don’t see how you can parse that to not look like a hypocrite now.
That quote from Tim Cook is quite damning, I don’t see how you can parse that to not look like a hypocrite now.