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Tags: Financial Markets | Infrastructure | Money | Apple Inc. | CEO Tim Cook | China

Apple's Tim Cook Reportedly Signed $275B Deal With Chinese Officials

Tim Cook
Apple CEO Tim Cook during a visit to an Apple Store at The Grove Friday, Nov. 19, 2021, in Los Angeles. (AP)

Tuesday, 07 December 2021 03:51 PM

Apple Inc. Chief Executive Tim Cook signed an agreement with Chinese officials, estimated to be worth about $275 billion, to placate threats that would have hobbled its devices and services in the country, The Information reported on Tuesday, citing interviews and internal Apple documents.

Apple did not immediately respond to a Reuters request for comment.

© 2022 Thomson/Reuters. All rights reserved.


StreetTalk
Apple Inc. Chief Executive Tim Cook signed an agreement with Chinese officials, estimated to be worth about $275 billion, to placate threats that would have hobbled its devices and services in the country, The Information reported on Tuesday.
Apple Inc., CEO Tim Cook, China
55
2021-51-07
Tuesday, 07 December 2021 03:51 PM
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