Yes, of course, about half their revenue comes from outside the US from a quick search. But doesn’t that reinforce my point that tarrifs were likely not the primary reason for this US investment? China is not threatening tarrifs on Apple, yet they still plan to invest there because it is in their best interest and the interests of their shareholders.
As the other guy said, I think Apple is working in it’s own interests more than anything and the tarrifs were not the primary motivation. For one, Apple does not mention tarrifs or reference them in both their 2021 $430 billion investment announcement or their more recent $500 billion announcement. On top of that, at the end of last year Bloomberg reported Apple is still committing to investing more in China. Do the tarrifs play a part in the US investment? Maybe, but I think it would be foolish to say this is a sign of them being the primary motivator for them.
Nope, I never claimed anything of the sort of course, I am basing all of the understandings I have off the research I can do on publicly avalible stats and statements. I’m just replying to your “someone make a counterpoint” comment like you asked. Despite saying you haven’t reviewed Apples financials and that you don’t want to claim something that doesn’t exist, you seem very set on the fact that tarrifs were a major factor. I agree that Apple would never state the reason, they are a
privatecompany and are allowed to do so, I’d probably do the same.Edit: Don’t know why I said private, they are publicly traded but still have no requirement to disclose their reasonings to the general public.