Apple CEO Tim Cook embarked on an interview with NPR on Monday and discussed the ongoing trade tensions between the United States and China while applying to lower iPhone prices across China.
When asked to reduce iPhone prices in China to better reflect US pricing models, Cook responded with a simple "We'll see how it works for us".
Until March 1, the United States and China have entered into an intellectual property agreement among various other issues before the Trump administration exploits potentially harmful 25% import tariffs – a killer rise from today's 10%. Any response from China would certainly punish Apple if no deal was reached.
Cook talked about current negotiations by highlighting continued communication between the two countries, as the CEO will travel to Beijing this week for a meeting with local officials.
Both sides speak and I always think it is always important to reach an agreement. It is in the interest of both parties to come together.
On the question of the price decline in the iPhone, Cook blamed delays on a devalued yuan, saying:
Because the local currency devalued during the year, our prices have gone up there, more than it did in US dollar regions denominated.
And in response to his acknowledgment, Apple reduced prices to fall back as they were before the currency evaluation, Cook said only
We see how it works for us.
The CEO also took the time to talk about Apple's health partnership with Veterans Affairs so that the veterinarians can see their medical history digitally.
This is part of our holistic effort to truly give the patient the opportunity. We can't wait to serve … a people of people we really have great reverence for.
Cook's Last Interview Procedure Monday's NPR talk was with CNBC from the beginning of January when the CEO dreamed a new service from the company that entered 201
What do you think of Tim Cook's latest words about price cuts from China and iPhone? Tell us how you feel in the comments below!
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