Apple CEO Tim Cook 'Secretly' Signed $275 Billion Deal With China in 2016

[za9ra22]

Oh the outrage.

Let's see.... a publication with no great integrity, writes an article about something that happened 5 years ago, dresses it up - somewhat unnecessarily in terms of factual reporting - in emotive language designed to encourage readers to read it so they can get more advertising revenue, which is then posted in MacRumors as click-bait for the same reason, and now is the time to get outraged?

Actually, that deal was reported on when it was happening, and as a publicly traded company, it'll also be in Apple's financial reports, so it's old news. It wasn't secret, and Timmy and pals negotiated with the commies in their headquarters because.... oddly, that's where you go to talk to them.

Let's also ignore the fact that every western business that sees or wants China as a market for their products has to do deals with the government there, because the government there is the only place you can do deals. And that given the size of that market, it would be crazy not to want to exploit it.

Indeed, it is a communist country, but that has a lot less to do with modern commerce than the sheer size of the market you can sell into. It is simply a matter of who you have to do deals with. And yes, there are serious human rights concerns about China, just as there are with many of the allies the US is happy to do business with.

But, let's be outraged anyway. Why not. It isn't as if Apple are in business to make money, and that if they don't exploit the Chinese market for electronics devices and services, nobody else will.

 

[wankey]

Sorry the book idea triggered you. The author could be a communist in disguise.. who really knows. Nevertheless it's an interesting book whether we agree or not on the content.

Triggered me? I literally copied what he wrote, you guys make your own decisions.

 

[wankey]

Oh the outrage.

Let's see.... a publication with no great integrity, writes an article about something that happened 5 years ago, dresses it up - somewhat unnecessarily in terms of factual reporting - in emotive language designed to encourage readers to read it so they can get more advertising revenue, which is then posted in MacRumors as click-bait for the same reason, and now is the time to get outraged?

Actually, that deal was reported on when it was happening, and as a publicly traded company, it'll also be in Apple's financial reports, so it's old news. It wasn't secret, and Timmy and pals negotiated with the commies in their headquarters because.... oddly, that's where you go to talk to them.

Let's also ignore the fact that every western business that sees or wants China as a market for their products has to do deals with the government there, because the government there is the only place you can do deals. And that given the size of that market, it would be crazy not to want to exploit it.

Indeed, it is a communist country, but that has a lot less to do with modern commerce than the sheer size of the market you can sell into. It is simply a matter of who you have to do deals with. And yes, there are serious human rights concerns about China, just as there are with many of the allies the US is happy to do business with.

But, let's be outraged anyway. Why not. It isn't as if Apple are in business to make money, and that if they don't exploit the Chinese market for electronics devices and services, nobody else will.

Like OMG, evil Timmy negotiated with evil Trump in THE WHITE HOUSE, the NATIONAL PARTY HEADQUARTERS OF THE EVIL AMERIKKKA REGIME.

I can't believe how we allow companies to operate in a country where they do voter supression, put mainly one type of ethnic minority in jail, and the 1% of the rich own 99% of the wealth.

Oh wait, we hate China right now, I'm in the wrong era.

 

[FattiesGoneWild]

China owns the United States. It’s never been a secret or surprise. China Cook sounds about right. Total snake in the grass just like all the other scumbag CEO’s in America. He is no different. Don’t let his smooth talking and appearance fool you.

 

[tridley68]

I beginning to have very different thoughts about Tim Cook after this stunt.

 

[anthogag]

When Tim goes to China, it's Comrade Cook

 

[sideshowuniqueuser]

Will the Apple Board force him out over this ?

If he wasn't before, he is clearly going to be in Hot Water now !

Not w the board, they only care about profits too. But imagine if Trump was still in power and he found this out, yoiks!

 

[sideshowuniqueuser]

Uh oh, now that's going to really annoy the Republicans. Good luck with your anti-trust stuff now Apple.

 

[I7guy]

Will the Apple Board force him out over this ?

If he wasn't before, he is clearly going to be in Hot Water now !

Think you and the board see this much differently.

 

[citysnaps]

Oh the outrage.

Let's see.... a publication with no great integrity, writes an article about something that happened 5 years ago, dresses it up - somewhat unnecessarily in terms of factual reporting - in emotive language designed to encourage readers to read it so they can get more advertising revenue, which is then posted in MacRumors as click-bait for the same reason, and now is the time to get outraged?

Actually, that deal was reported on when it was happening, and as a publicly traded company, it'll also be in Apple's financial reports, so it's old news. It wasn't secret, and Timmy and pals negotiated with the commies in their headquarters because.... oddly, that's where you go to talk to them.

Let's also ignore the fact that every western business that sees or wants China as a market for their products has to do deals with the government there, because the government there is the only place you can do deals. And that given the size of that market, it would be crazy not to want to exploit it.

Indeed, it is a communist country, but that has a lot less to do with modern commerce than the sheer size of the market you can sell into. It is simply a matter of who you have to do deals with. And yes, there are serious human rights concerns about China, just as there are with many of the allies the US is happy to do business with.

But, let's be outraged anyway. Why not. It isn't as if Apple are in business to make money, and that if they don't exploit the Chinese market for electronics devices and services, nobody else will.

Stop it. Stat! You'll earn no forum cred spouting a very well-reasoned analysis.

 

[burgerrecords]

As long as poor labor conditions and poor environmental practices happen at the vendor level, I'm totally fine with those practices. Using those vendors is necessary to stay competitive.

 

[XXPP]

This is how China destroy USA. Quietly and soft.

 

[Wanted797]

People. Read the article. This was back in 2016. Which was 5 years ago and before any global pandemic was a thing.

 

[supremedesigner]

What's the real purpose behind this?

 

[burgerrecords]

Oh the outrage.

Let's see.... a publication with no great integrity, writes an article about something that happened 5 years ago, dresses it up - somewhat unnecessarily in terms of factual reporting - in emotive language designed to encourage readers to read it so they can get more advertising revenue, which is then posted in MacRumors as click-bait for the same reason, and now is the time to get outraged?

Actually, that deal was reported on when it was happening, and as a publicly traded company, it'll also be in Apple's financial reports, so it's old news. It wasn't secret, and Timmy and pals negotiated with the commies in their headquarters because.... oddly, that's where you go to talk to them.

Let's also ignore the fact that every western business that sees or wants China as a market for their products has to do deals with the government there, because the government there is the only place you can do deals. And that given the size of that market, it would be crazy not to want to exploit it.

Indeed, it is a communist country, but that has a lot less to do with modern commerce than the sheer size of the market you can sell into. It is simply a matter of who you have to do deals with. And yes, there are serious human rights concerns about China, just as there are with many of the allies the US is happy to do business with.

But, let's be outraged anyway. Why not. It isn't as if Apple are in business to make money, and that if they don't exploit the Chinese market for electronics devices and services, nobody else will.

While the timing is arbitrary, there is some naïve hope that the very most powerful would use their power in the way that would see help humanity rather than harm it. Whether or not this is helpful or harmful in another discussion.

I think many would be willing or wish to cut ties with countries and organizations that are crossing certain lines - to raise the bar on what is acceptable. (just substitute "south africa" in your apologetics for "china")

 

[DFZD]

Taiwan was a genocidal police dictatorship with like a 60 long curfew (KMT is still a big party in Taiwan) yet was allowed to modernize to modern democracy, Korea was a military dictatorship until modernization into a modern democracy, and Japan is still an Emperor powered dictatorship but modernized into a modern democracy under US rule. Singapore is pretty much a single party dicatorship but modernized into a democracy. All of these countries modernized and flourished.

China's coastal provinces are all modernized and people there live life like in a modern democratic society, and often enjoy the freedoms of a modern democracy. It's China's fridge provinces like tibet and xinjiang which were originally autonomous regions (ie, no influence from CCP) that are totally in low GDP and pulling the country down. Now the CCP is paying attention to them and modernizing, the west is trying to stop them.

China cannot modernize and become like these modern democratic societies because a modernized Chinese democracy would be at least a 5x economic power over the Americans, Europeans and others, and this cannot happen.

That's the truth, the rest of you here are pawns of the current status quo and most of the anti-ccp rhetoric is trying to stop China from continuously rising.

You forgot to add that India is trying to grab Chinese land in Tibet. Lol, what a clown.

 

[Spock]

Americans will accept all their own atrocities as long as they have the right to protest and shoot people with guns

Think what you like but I’m done arguing with you.

 

[ericwn]

Will the Apple Board force him out over this ?

If he wasn't before, he is clearly going to be in Hot Water now !

What? He grew their business and in return they will want him out? Unlikely.

 

[dbwie]

Apple did announce a $500 million fund for initiatives in the US, I think around the same time this allegedly started? But that is nothing compared to $275 BILLION.

 

[Pezimak]

Here's a crazy thought: how about investing in the country in which your company is based out of?

Offensive, I know. Not feasible, I know. Ballsy to even mention... I know.

But that doesn't offer 'value' to the share holders like those on this forum, or increase Apples profits to ever larger heights.
I agree with you though.

 

[ericwn]

Did anyone actually read the article, meaning you subscribe to The Information? Do you really think Apple is the only company that has made multi-year deals with China or other countries? Various US companies make deals with states in similar fashions. I understand citizens want to put their country first, but none of this is news and is all too common in the world of big business.

Also can't help but laugh at how this "News Outlet" started:

"The company [The Information] held an international networking event 2016 in Beijing, where annual subscribers met with leaders from Asian companies such as electronics company Xiaomi, venture capital firm Shunwei Capital, and investment management firm Hillhouse Capital Group."

Of course nobody here reads the article, we just want to rage and complain.

 

[ericwn]

Why, exactly? What's stopping a US company in investing in China?

Exactly. American capitalism in its true form.

 

[DeepIn2U]

Will the Apple Board force him out over this ?

If he wasn't before, he is clearly going to be in Hot Water now !

I hope so.

honestly this kind of secret deal probably had to involve the board knowing at some point.


my most EAGER issue is with ...

as well as assistance with around a dozen Chinese government causes

Nothing good can come from THIS!
This alone should have Shareholders and the board seriously worried as it could potentially fall into international legal and criminal issues (gifts/bribes/etc).

Add to this why is cook the ONLY person with international legal meetings/signings. This is POOR for a going-concern business perspective and something Apple should've learned from Jobs' passing.

Apple Board,
reprimand Cook on shares awardance this fiscal year, and remove him from all international negotiations, have it split amongst a specific team that reports to all executives and the board.

 

[ericwn]

Humm...if I remember correctly isn't this kind of stuff considered "treason"? Oh...I think that definition has been rewritten too..

It must have been rewritten otherwise no one would even come up with the idea to call it treason in the first place. Which law is broken?

 

[dazz87]

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