4.8 • 56 Ratings
🗓️ 15 May 2025
⏱️ 9 minutes
🧾️ Download transcript
Click on a timestamp to play from that location
0:00.0 | I spoke to Tim Cook this morning and he's going to, I think even up his numbers, $500 billion. |
0:09.0 | He's going to be building a lot of plants in the United States for Apple. |
0:14.0 | And we look forward to that. |
0:16.0 | Where is Jensen, by the way? Where is he? He's standing here? Where is he? I just so, thank you very much, Jensen. |
0:22.6 | I mean, Tim Cook isn't here. But you are. What a job you've done. |
0:29.6 | I had a little problem with Tim Cook yesterday. I said to him, Tim, you're my friend. I treated you very good. |
0:34.6 | You're coming here with 500 billion dollars, but now I hear you're building all over India. I don't want you building in India. You can build in India if you want to take |
0:42.3 | care of India. That was the president attacking Tim Cook in recent days over the company's plans |
0:49.4 | for iPhone production. Our own Steve Kovac has the story for today's tech check. Steve, |
0:53.4 | you said it yesterday, living rent-free in his head. Yeah, and we're seeing it again. It's like he was |
0:58.0 | watching our conversation yesterday because he was talking about Tim Cook again today. And look, |
1:03.0 | Carl, this is all tied to Apple's decision to ramp up production in India this year to skirt those |
1:08.4 | tariffs on China. This is not the outcome the president was looking |
1:11.8 | for two weeks ago during earnings. Apple kind of painted a new picture of its supply chain. |
1:16.8 | The plan they were talking about here were iPhones sold in the U.S. They're eventually going |
1:21.0 | to be sourced from India, while other products like Macs and AirPods and watches, those are going |
1:26.0 | to come from Vietnam, while China, in the meantime, |
1:28.6 | will supply the rest of the world. Now, so far, no commitment from Apple to make iPhones in the United |
1:33.8 | States, which seems to be the main goal of Trump and his administration. India iPhone production |
1:38.8 | in the meantime, they've been ramping up significantly since the pandemic before we're even |
1:42.8 | talking about all these tariff issues. |
1:45.4 | That's when supply chains were slowed down due to those COVID lockdowns out in China. |
... |
Transcript will be available on the free plan in 6 days. Upgrade to see the full transcript now.
Disclaimer: The podcast and artwork embedded on this page are from CNBC, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of CNBC and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2025.