Former Apple CEO weighs in on President Trump’s tariffs

Former Apple CEO John Sculley discusses President Trump’s heated rhetoric around trade and China, and what it means for technology.

China has a debt to GNP ratio of about 163%. We have about half that, 71%. I don’t think it’s in China’s interest to get into a trade war with the U.S. So, I would be skeptical whether we’re going to have a trade war. I think the steel issue is relatively small when you look at it in the context of the importance of trade for China… We shouldn’t over exaggerate what the consequences might be…

We’ve been for the last several decades focused on globalism, now we’re moving to something that is more like protectionism; it doesn’t mean we’re going to see a radical shift overnight between China and the U.S. — Former Apple CEO John Sculley

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Direct link to video here.

MacDailyNews Take: As per iPhone X sales:

iPhone X was the best-selling smartphone in the world in the December quarter according to Canalys, and it has been our top selling phone every week since it launched. iPhone 8 and iPhone 8 Plus rounded out the top three iPhones in the quarter. In fact, revenue for our newly launched iPhones was the highest of any lineup in our history, driving total Apple revenue above our guidance range… The iPhone X was the most popular and that’s particularly noteworthy given that we didn’t start shipping until early November, and we’re constrained for a while. The team did a great job of getting into supply demand balance there in December. But since the launch of iPhone X, it has been the most popular iPhone every week, every week sales. And that is even through today, actually through January… We feel fantastic, particularly as it pertains to iPhone X. — Apple CEO Tim Cook, February 1, 2018

SEE ALSO:
President Trump eyes tariffs on up to $60 billion Chinese goods; tech and telecoms targeted – March 14, 2018
With President Trump’s tariffs, tech investors in Apple, other stocks are now in the crosshairs of trade war – March 12, 2018
Analyst: President Trump’s tariff impact on Apple would be just a ’rounding error’ – March 7, 2018
Apple and other tech firms caught in crossfire as U.S.-China trade war looms – March 7, 2018
Apple Macs caught up in President Trump’s aluminum tariff plan – March 2, 2018

21 Comments

  1. Make up your minds- you love Tim, or you hate him?

    Apple is falling behind due to managerial incompetence, or it’s the future? “Great phone. Horrible notch. Neglected, dumbass Siri. Best smart speaker.”

    Sculley or Woz are out of touch jerks when you disagree with them, wise when you don’t?

    1. I don’t see where MDN agreed with Sculley anywhere. All I see is MDN disagreeing with Sculley’s characterization of iPhone X sales.

      You seem to have cooncocted an agenda and you’ll make up anything to support it, regardless of the facts.

      You must be a Democrat.

      1. If you proclaim yourself as “FactChecker,” then declare that a post with which you disagree must be from a “Democrat,” you credentials are seriously impaired by overt bias.

        I am not partisan. I follow rational processes for obtaining and assessing evidence. And my conclusion is that, while both parties play fast and loose with facts on many occasions, the modern Republican Party has elevated innuendo, misdirection, and outright lying to an art form. If you are going to FactCheck, then do it thoroughly and impartially with regard to source. If you fail to do so, then you are merely another hyper-partisan opinion monger validating what you prefer to believe is the truth.

        I have lived too long and seen to much to be swayed by the meaningless opinions and assertions of people like you. The laughable, but truly sad, fact is that you appear to be even more deluded than the people that you routinely disparage on this forum. You can “FactCheck” all that you like, but I will seek multiple sources and make my own judgment.

        While auramac may have gotten a bit emotion and gone a bit overboard with his post, above, the gist of it is true. MDN often posts information that it likes from sources that it disparages.

        1. “I am not partisan. I follow rational processes for obtaining and assessing evidence.”
          This is code for “I’m an unrecognized veritable genius, and to prove it I’m not going to label myself as a democrat, but rather tell everyone that I carefully analyze every minuscule issue rapidly in the background and derive the best possible answer to every question without even realizing that I’m doing it, but I’m not a democrat”

          “…the modern Republican Party has elevated innuendo, misdirection, and outright lying to an art form.”
          After making a broad, unsupported statement like that, then you say:
          “…you are merely another hyper-partisan opinion monger validating what you prefer to believe is the truth.”
          A perfect example of a hair-on-fire wierdo projecting their own inadequacies onto others.

    2. Sounds like day to day insightful “critical thinking” and “constructive criticism” to me. The number one reason I come here. Anyone who advocates 100% blind loyalty to one side or another is a dogmatic partisan, not a person that can THINK for themselve …

      1. Pardon me for laughing so hard, but your posts often express a highly partisan, even hyper-partisan, viewpoint with no tolerance for any disagreement.

        FactChecker’s post has some merit, although he chose to overlook the spirit of auramac’s intent. Similarly, auramac’s post has some merit, although he got a bit too excited and emotional. There have been many other articles posted in this forum that have much more strongly demonstrated the hypocrisy of the MDN staff over the past decade. MDN is clearly not the same organization that I followed in the years leading up to the release of the iPhone.

        1. Enjoy your laugh, but I beg to differ.

          I was talking about 100% blind loyalty to dogma and not being able to think for yourself (cultish). Certainly, not having a healthy and normal skeptical partisan viewpoint.

          I have a high tolerance for disagreement if it is REALITY. I have ZERO tolerance for 🐂💩.

          “FactChecker’s post has some merit, although he chose to overlook the spirit of auramac’s intent. Similarly, auramac’s post has some merit, although he got a bit too excited and emotional.”

          Agree regarding FC post but disagree about AMac. There is no merit in denigrating MDN, as I pointed out in my previous post, for open minded “critical thinking” that at times praises Apple and other times does not.

          AMac history here is if a scintilla of Apple criticism arises, he/she cannot handle it. Not healthy.

          I have been an Apple owner since my Lisa, and here on this forum I have posted effusive praise for Apple at times, and stinging criticism at times. Honesty RULES and it’s all good.

          “There have been many other articles posted in this forum that have much more strongly demonstrated the hypocrisy of the MDN staff over the past decade.”

          Sorry to say, without posted evidence — you are as confused as AMac …

    1. Unless we adopt protectionist policies, the domestic buggy-whip industry will crater. You can’t have national security without a baggage train for the cavalry.

      Or, we might focus on businesses that can survive in the twenty-first century without government intervention in the free market.

        1. China charges a 25% tariff on American steel.

          The US charges a 2.6% tariff on Chinese steel.

          so much for your fictional “without government intervention in the free market.”

          Steel makes airplanes, skyscrapers, bridges, weaponry, automobiles….none of which are “buggy whips.”

    2. Especially with Japan passing off low-grade steel to us, and totally lying about the quality on the documentation.

      Everything we build with crap (boats, bridges, buildings) will have an automatic reduction in service because it can’t meet the specifications for the job. Does anyone here want to get into a plane built with that crap? Fire a handgun?

      Me either.

      1. Are you seriously claiming that America routinely buys specified grades of steel, but doesn’t test whether the product supplied actually meets that specification?

        In most industries, thorough testing of raw materials is a fundamental aspect of quality control.

        Those who have followed Apple will recall multiple examples of Apple experiencing delays because components were supplied, but failed to fully meet Apple’s specification when tested.

        1. The Price of ‘Made in China’

          “When California bought Chinese steel to renovate and expand the San Francisco-Oakland Bay Bridge, for a project that began in 2002, problems like faulty welds by a Chinese steel fabricator delayed the project for months and led to huge cost overruns. Those delays eroded much of the savings California was banking on when it opted for the “cheap” Chinese steel.”

          http://www.nytimes.com/2013/08/05/opinion/the-price-of-made-in-china.html

    3. So inconsistent, bot.

      You claim well armed civilians can defend themselves, no need for big government, must keep government out of you life, but you demand the government distort an entire commodity market. Trump risks nullification of income tax cuts for all steel users and end consumers with this tax increase and the resultant trade spats that will happen ( not that you would take the mental effort to see the links between action and reaction).

      The selective corporate welfare that jacked up steel and aluminum prices have nothing to do with security. If protectionism was a necessary strategy to make America’s military strong (but not so strong as to be able to defeat civilian militias with small arms), what makes you think steel is the most critical product? Why not titanium? Why not carbon fibers? Rare earth metals? Copper? Where does it end? Should America have the domestic capability to produce all food clothing and products to support the entire population without imports? That must be the safest thing to do in Trumpland. Never mind the hundreds of shell Trump companies scattered around the world– the Trump base thinks foreign trade is always bad, obvious hypocrisy be damned.

      Also, why does America need any military when the Trump Wall is going to keep you from ever having to see a foreign born person ever again? Then after the moat is dug, you want to selectively remove political adversities from America using your gestapo. Isn’t that what you really want?

    4. Or did you adopt a different philosophy when Trump came along?? For decades, Republicans have made globalism and free trade cornerstones of conservative policy. Republicans lashed out at Democrats as being the protectionist party. Now, another 180-degree about face under Trump, the most RINO of RINOs that I have ever seen, and the Republican establishment tucks it tail under and asks for more Trump punishment. Pathetic.

      1. Sucker.

        Washington Post, May 1, 2018:

        “Fact check: President Trump has made 3,001 false or misleading claims so far”

        “In the 466 days since he took the oath of office, President Donald Trump has made 3,001 false or misleading claims, according to The Fact Checker’s database that analyzes, categorizes and tracks every suspect statement uttered by the president.
        That’s an average of nearly 6.5 claims a day.”

        “The president has a proclivity to repeat, over and over, many of his false or misleading statements. We’ve counted at least 113 claims that the president has repeated three times or more, some with breathtaking frequency.”

        To me, this is the real zinger that should wake up the Trump base: “He cited his “incredible success” in terms of job growth, even though annual job growth under his presidency has been slower than the last five years of Obama’s term.”

        https://www.washingtonpost.com/graphics/politics/trump-claims-database/?utm_term=.f7305ea1fb7e

        One does not have to be a party hack to see what a sham the current administration and idiot congress are.

        1. First off, the president does have a bad habit of repeating the same things over and over. I don’t like it at all, but that is his style and he is free to do as he pleases.

          Second, his style of speaking is definitely not precision lawyerly wording like the Clintons practiced to perfection. You knew they were not telling the whole truth employing tactile semantics. The classic example of this strategy was spoken by Sally Field at the end of the journalism movie “Absence of Malice” from the 1980s.

          She played a reporter that had a relationship with a family member (Paul Newman) of organized crime and it blew up in her face badly the way she handled her job.

          A reporter sitting next to her in the newsroom was assigned to do a story on her involvement and asked about her relationship with Newman. Something like you were involved and then the reporter asked if that was true. Field thought about it for a moment and responded, “no, but it’s accurate.”

          Exactly what we have here guiding the WashedPost interpretation of what the truth is or is not. And keep in mind the Post is the number one Democrat dominated newspaper in the world on a DAILY mission to take down Trump. I don’t trust them.

          Regarding unemployment, I guessed you missed a recent announcement under Trump that it is at a 40 or 45 year low. The economy is booming and will only get better under the leadership of President Trump.

          Next up for the President if all things go right — the Noble Peace Prize! And this time it will be EARNED, not simply given away for just showing up for three months of work …

  2. Notice how wordy Pipeline Chatty Cathy is in MDN’s quote?

    Jobs would have said it in 1/4 of the words or less and it would have had a piercing and barbed impact that could wake up people to issues.

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