Apple has best week since July 2020 after Tim Cook’s White House visit
US President Donald Trump and Apple CEO Tim Cook, Apple’s Washington, DC, USA, the US Oval Office in the Oval Office on August 6, 2025, the US manufacturing an investment of 100 billion dollars shaking.
Jonathan Ernst | Reuters
Apple After appearing with President Donald Trump at the White House on Wednesday, CEO Tim Cook appeared with President Donald Trump.
The shares of the iPhone manufacturer have increased by 4% of $ 229.35 per share on Friday for the largest weekly earnings of the company since July 2020. The move of the week added over $ 400 billion to Apple’s market value.
Apple is the third valuable company. Nvidia And Microsoft and in front of Alphabet And Amazon.
On Wednesday, Cook at the White House appeared with Trump to announce Apple’s plans for spending $ 100 billion on American companies and American departments in the next four years.
Apple’s purchasing plans for more American Chips, the company was built in the United States during the public meeting in the United States will be exempt from future tariffs that can double the price of chips imported, he said.
Investors worried that some of Trump’s tariffs could greatly harm Apple’s profitability. In July, Apple warned that there was any change in the existing quarter of $ 1 billion expects tariff costs.
“Apple and Tim Cook delivered a MasterClass in managing the uncertainty according to the potential difficulties that the company may face after months and months of exit,” Apple and Tim Cook, “Apple and Tim Cook,” on Wednesday. Apple has an overweight degree in stock.
Cook’s successful White House meeting comes two weeks after Apple declares the total income increased by 10% and iPhone sales increased by 13%.
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