Cook meets Trump, explains how iPhone tariffs help 'very good competitor' Samsung

Cook meets Trump, explains how iPhone tariffs help 'very good competitor' Samsung
For a second time, President Trump sat down with Apple's CEO Tim Cook, and talked tariffs over dinner on Friday. Unlike a lot of other Silicon Valley entities, Mr Cook has taken the path of least confrontation with the administration over its budding philosophical conflict with China over tariffs, intellectual property rights and the like, as it stands to lose a lot if things go awry.

That is why, on the cusp of escalation, Tim Cook organized a sit-down with Trump to give him another valid reason for backing down on tariffs apart from the fact that they will ruin Christmas. We kid, but that's one of the reasons that 10% surcharge on $300 billion of Chinese imports was postponed from September 1st to mid-December now.

Apple's CEO was adamant that tariffs on iPhones will end up helping Samsung and the President seems to have realized that Samsung is a South Korean company and shouldn't be getting ahead of Apple due to an administration whose slogan is "Make America great again." 

In the press conference after the meeting, Trump pointed out that:

Still, the 10% tariffs on accessories like the AirPods and the Apple Watch will start on September 1st as announced, but big ticket items like Macs or iPhones will be excluded for now, so any big announcements on breakthroughs in the trade negotiations with China are seemingly postponed for after the holidays.



2. kanagadeepan

Posts: 1284; Member since: Jan 24, 2012

So, now what?? Tariffs for goods imported from South Korea (or any country) as well??? That is a really really great way to make America great again, NOT...

18. oldskool50 unregistered

There is a tarifff on any goods that come into any country. However Samsung also ships phones from China to the the US, because that is where the SnapDragon models are made, because China uses the same model as the US. They don't use the International model that is made in Sout Korea, that is shipped to places like Europe and Canada. China Mobile uses CDMA like VZW and Sprint, so all their phones are made in China. Which means, Samsung would be it with the same tariff's as Apple. Giving Samsung zero advantage over Apple. Tim Cook is a pussy-cat crying over nothing. The real problem is Apple isn't gong to absorb those tariffs and since the iPhone and iPad are already grossly overpriced, adding even 25% more cost to the iPhone will make it ridicpulous and even the faithful will stop buying them. Because the iPhone along with the Galaxy S/Note are all priced way to high at $1000+, the taxes on those is gonna be high too. Apple and Samsung did it to themselves.

3. shiv179

Posts: 195; Member since: Aug 08, 2012

"He said they are a very good competitor". "Samsung is their number-one competitor". 100% agreed!

4. yalokiy

Posts: 1123; Member since: Aug 01, 2016

Let's only leave Apple in us and ban the rest. Make America a la North Korea.

5. notfair

Posts: 774; Member since: Jan 30, 2017

trump was speaking like an 8 yo kid, what a f**king idiot but hey here's an idea, tariff also SK, boom, problem solved.

6. A_A_A

Posts: 229; Member since: Jan 23, 2017

Real completittor for Apple is Huawei, but not Samsung. Samsung just wants and pretends to be Apple competitor but nothing mote than that. Real and dangerous competitor is Huwei.

8. TheOracle1

Posts: 2340; Member since: May 04, 2015

If that was the case then Cook would have said so. You also conveniently overlooked the fact that Huawei phones aren't sold in the US and therefore aren't subject to tariffs. Try again.

10. midan

Posts: 3206; Member since: Oct 09, 2017

"Real completittor for Apple is Huawei," Not in US, EU yes, China yes and so on.

11. pimpin83z

Posts: 606; Member since: Feb 08, 2019

Dude, even if Huawei phones were on every major provider in the US, they still wouldn't be Apples' #1 competitor.

21. oldskool50 unregistered

That's sorta true. But they would become a bigger competitior. Because Huawei has a huge advange. Apple-like quality hardware at a lower cost. When you consider Huawei can have phones on those cheap carriers like MetroPC, Virgin, Boost and others; Huawei would then run Apple deeper into the ground. Consider Huawei sold 230M phones and past Apple and if it wasn't for the war they would have likely past Samsung. But Tim Cook bring out his guard dog trump to attack Samsung is pure BS. Cook has just shown his true colors and rainbows certainly aren't it. He is nothign but the Devil and the Devil day is coming to an end.

20. oldskool50 unregistered

You do know Apple has Never sold more phone that Samsung and NEVER will....right? You are aware that since day one of selling phones, Samsung has contributed over 4B products to the market. Right? While Apple's iPhone is only 1.2B after 10 years. So I kinda agree Samsung is not really Apple's competitor, because Apple can't touch Samsung. They especially are less competitive because even Apple depends on Samsung for parts. Apple doesn't have a true competitor, because no one uses iOS. If Apple fails, it's their own fault. Samsung and Huawei are indirect competitors that yes sell mobile products, and they just happen to sell products on a better platform.

27. shm224

Posts: 316; Member since: Mar 19, 2015

Huawei is over and done with.

9. cmdacos

Posts: 4369; Member since: Nov 01, 2016

Pretty soon there won't be tariffs on Apple products at all after Tim makes contributions to his buddy Don's campaign

12. civicsr2cool

Posts: 280; Member since: Oct 19, 2016

"Apple's CEO was adamant that tariffs on iPhones will end up helping Samsung and the President seems to have realized that Samsung is a South Korean company and shouldn't be getting ahead of Apple due to an administration whose slogan is Make America great again." Tim Apple needs to realize he is not making America great by outsourcing all of his labor. That's the entire point of the tariff dummy!

13. inFla

Posts: 213; Member since: Aug 17, 2018

Time for Cook to step down.

14. jellmoo

Posts: 2670; Member since: Oct 31, 2011

Imagine having to sit down at dinner and explained to the President how tariffs actually work... And how Apple manages to get that tiny SIRI woman inside every iPhone.

16. ssallen

Posts: 216; Member since: Oct 06, 2017

Pictured above: Best Buds

17. oldskool50 unregistered

He's lying!!!!! The tariff's didn't help Samsung. Your pricing helped Samsung. Samsung phones that come to the US, also come from China, which means they would be hit with the same tariff's. But Samsung is less greedy in that they are likely for now, absorbing them. Part of this whole China War was to prevent Huawei from entering the US, because Huawei is gonna end Apple's dominance here. Screw Apple! Smasung isn't Apple's problem, because Samsung has been selling more phones than Apple since forever. Apple has NEVER sold more phone that Samsung when you consider Samsung was making phone long before Apple started. Apple only threat was Huawei and they pasted them up without selling one single phone in this country. Samsung is an indirect competitor since they don't share the same platform. Huawei is already the #2 most product seller over Apple. Apple will remain in 3rd for what I see is the forseeable future, because Apple is NEVER gonna sell more phone than Samsung, and if Huawei stays consistent and passes Samsung, they both will be tag-teaming back an forth. Apple is done, regardless of Samsung.

19. oldskool50 unregistered

Tim Cook you're a piece of ......!!!!! Wanna bring up Samsung because you're panzie butt has to pay tariff's. He is lying when he claims Samsung is paying no tariffs because they are home based in SK. That is completelt false. The tariffs would be on any and all cellphones shipped form China. The only way Samsung would avoid tariff's would be to ship directly from Sk. The US model of Samsung phones are all made in China, because they are the SnapDragon models which are also used by China Mobile because they are a CDMA carrier. In fact i believe all carrier in China are CDMA. Apple also would only be paying tariff's on goods shipped here. Which based on their sales numbers, the vast majority of their products are sold here and thus they would be simply paying more than Samsung. But to lie and claim Samsung isn't paying anything is pure animosity and BS. Tim Cook is a pure dog!!! Yes I understand business is business, but this isn't business. This is Cook being the pussy-cat he is. Learn how to be a man, instead of being a whiny little female.

22. LiveFaith

Posts: 514; Member since: Jul 04, 2015

So, I guess we could trim down Cook's statement to say "Samsung is very good". Ok, got it.

24. tedkord

Posts: 17505; Member since: Jun 17, 2009

Gotta feel bad for these folks who have to talk down to Trump's level. It's got to be exhausting.

26. cheetah2k

Posts: 2315; Member since: Jan 16, 2011

How is this not considered "anti-competitive behaviour"?? Apple spreading lies to the President of USA about one of their competitors!

* Some comments have been hidden, because they don't meet the discussions rules.

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