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VOICE ARCHIVE

Patrick McGee

@patrickmcgee_
407 posts
2026-02-08
It's almost like - and hear me out - - Apple's $600bn pledge to “invest” in America is some combo of smoke, mirrors, and BS.
2026-02-08 View on X
Sherwood News

Apple, whose capital expenditure is just a fraction of its peers, is the only Big Tech company that saw capex decline YoY in Q4, decreasing 19% to $2.37B

One of these companies is not like the others.  —  If you've been following the Big Tech companies' earnings reports …

It's almost like - and hear me out - - Apple's $600bn pledge to “invest” in America is some combo of smoke, mirrors, and BS.
2026-02-08 View on X
The Information

This year's projected capex ramp-up will all but wipe out free cash flow for Amazon, Google, and Meta, potentially forcing stock buyback cuts or more borrowing

Big tech's dramatic ramp-up in projected capital expenditures this year will all but wipe out free cash flow for Amazon, Google and Meta Platforms.

2026-01-28
This literally says nothing, via intention and cowardice. It's the kind of language Orwell attributed to politicians, when ready-made phrases assemble themselves and prevent any real thought from breaking through.
2026-01-28 View on X
Bloomberg

Memo: Tim Cook told Apple staff that he is “heartbroken by the events in Minneapolis”, calls for a “deescalation”, and says he discussed it with President Trump

Apple Inc. Chief Executive Officer Tim Cook became the latest executive to weigh in on the killing …

2025-12-07
incredible report
2025-12-07 View on X
Bloomberg

Sources: Apple's chip chief Johny Srouji told Tim Cook that he is seriously considering leaving soon; some execs floated elevating him to the CTO role

Apple Inc., long the model of stability in Silicon Valley, is suddenly undergoing its biggest personnel shake-up in decades …

2025-11-16
An @FT exclusive: @Apple is stepping up its succession planning efforts, as it prepares for Tim Cook to step down as chief executive as soon as next year. From @tim @MActon93 and team [image]
2025-11-16 View on X
Financial Times

Sources: Apple is intensifying CEO succession planning as Tim Cook, now 65, may step down as early as next year, with John Ternus seen as the likely successor

iPhone maker's board is preparing for its longtime leader to step down as early as next year  —  Apple is stepping …

2025-11-15
An @FT exclusive: @Apple is stepping up its succession planning efforts, as it prepares for Tim Cook to step down as chief executive as soon as next year. From @tim @MActon93 and team [image]
2025-11-15 View on X
Financial Times

Sources: Apple is intensifying CEO succession planning as Tim Cook, now 65, may step down as early as next year, with John Ternus seen as the likely successor

iPhone maker's board is preparing for its longtime leader to step down as early as next year  —  Apple is stepping …

2025-10-28
Bonkers that three companies have a total market valuation of ~$12.7 trillion.
2025-10-28 View on X
Bloomberg

Apple crosses a $4T market cap in intra-day trading, making it only the third public company ever to reach the milestone; AAPL is up 56% since its April low

Joining Microsoft And Nvidia Quartz : Apple hits $4 trillion market cap amid Wall Street rally and strong early iPhone 17 sales Dennis Sellers / MacTech.com : Apple's market capita...

Absolutely wild that if you invested in Apple when it was worth $2.8 trillion back in April, you'd be up 56% by now.
2025-10-28 View on X
Bloomberg

Apple crosses a $4T market cap in intra-day trading, making it only the third public company ever to reach the milestone; AAPL is up 56% since its April low

Joining Microsoft And Nvidia Quartz : Apple hits $4 trillion market cap amid Wall Street rally and strong early iPhone 17 sales Dennis Sellers / MacTech.com : Apple's market capita...

2025-08-10
Love how many people have been skeptical of me reporting that @Apple invests $55bn+ a year in China, home to 90% of Apple production, but just nod along to a casual Wednesday announcement that Apple will invest $150bn a year in the US, home to a fraction of its manufacturing. [image]
2025-08-10 View on X
Financial Times

The precise scale of Apple's pledge to invest $600B+ in the US over four years is difficult to measure, as the company has not provided a breakdown of its plan

for now Nicole Russell / USA Today : Apple bows to Trump. And American workers are the winners. X: Patrick McGee / @patrickmcgee_ : Love how many people have been skeptical of me r...

2025-08-07
Although I want way more detail, a breakdown of the numbers, etc, this press release about the add'l $100bn is far more detailed than the prior three announcements citing much higher investments. Suppliers / cities / projects are named. A good sign. https://www.apple.com/...
2025-08-07 View on X
Bloomberg

At a White House event, Apple commits to spending another $100B on US manufacturing and aims to bring more of its supply chain to the US to avoid iPhone tariffs

Made In USA iPhone Still Off The Table Snaggy / The Joy of Tech : The Joy of Tech comic... Tim and Trump! MarketWatch : Dow Jones Top Markets Headlines at 11 PM ET: U.S. Trading Pa...

Although I want way more detail, a breakdown of the numbers, etc, this press release about the add'l $100bn is far more detailed than the prior three announcements citing much higher investments. Suppliers / cities / projects are named. A good sign. https://www.apple.com/...
2025-08-07 View on X
Financial Times

Sources: Samsung plans to produce iPhone 18 image sensors in Austin, Texas; an expert says Apple chose Samsung as a supplier because Sony doesn't have US plants

Deal suggests South Korean company's US investments are paying off as Trump dials up his tariff policies

Just as the founding fathers intended...
2025-08-07 View on X
Bloomberg

At a White House event, Apple commits to spending another $100B on US manufacturing and aims to bring more of its supply chain to the US to avoid iPhone tariffs

Made In USA iPhone Still Off The Table Snaggy / The Joy of Tech : The Joy of Tech comic... Tim and Trump! MarketWatch : Dow Jones Top Markets Headlines at 11 PM ET: U.S. Trading Pa...

Just as the founding fathers intended...
2025-08-07 View on X
Financial Times

Sources: Samsung plans to produce iPhone 18 image sensors in Austin, Texas; an expert says Apple chose Samsung as a supplier because Sony doesn't have US plants

Deal suggests South Korean company's US investments are paying off as Trump dials up his tariff policies

2025-07-02
Beijing wants tech transfer to be a one-way gate. The information flows in; it doesn't leave. (The fact that there is no ‘smoking gun’ that Beijing directed this makes sense. That's not how it works. The tone is set and savvy companies react accordingly or risk consequences.
2025-07-02 View on X
Bloomberg

Sources: Foxconn recalled 300+ Chinese engineers from its Indian iPhone factories over the past two months, a blow for Apple as it ramps up iPhone 17 production

The bulk of Foxconn's Chinese staff at iPhone plants in southern India have been told to fly back in a move that began about two months ago …

2025-05-15
Review of ‘Apple in China’: [image]
2025-05-15 View on X
Vanity Fair

Q&A with the FT's Patrick McGee on his new book, Apple in China, which examines Apple's role in enabling China's rise; Apple says it is “full of inaccuracies”

In his new book, Apple in China, Patrick McGee examines how Tim Cook unwittingly led Apple right into the heart of Trump's trade war.

“Apple in China is astonishing. Let's hope for Apple's sake that Donald Trump doesn't read this book.” — @TheTelegraph__ (chief complaint isn't that I'm unfair to @apple but I that give them “too easy a ride") https://www.telegraph.co.uk/ ...
2025-05-15 View on X
Vanity Fair

Q&A with the FT's Patrick McGee on his new book, Apple in China, which examines Apple's role in enabling China's rise; Apple says it is “full of inaccuracies”

In his new book, Apple in China, Patrick McGee examines how Tim Cook unwittingly led Apple right into the heart of Trump's trade war.

“The US-China tech battle is the most consequential thing happening—geopolitically— for hegemony in the 21st century.  And my book offers the disquieting message that America's greatest company is playing for the other side.”  On the @hughhewitt show, one night before APPLE IN CHINA...hits the shelves.
2025-05-15 View on X
Vanity Fair

Q&A with the FT's Patrick McGee on his new book, Apple in China, which examines Apple's role in enabling China's rise; Apple says it is “full of inaccuracies”

In his new book, Apple in China, Patrick McGee examines how Tim Cook unwittingly led Apple right into the heart of Trump's trade war.

“If next year you buy an iPhone and it says “Made in India” on the box, that phone will not be any less dependent on the China-centric supply chain than any other iPhone you have ever purchased.” Q&A with ⁦@restofworld⁩ ⁦@violazhouyi⁩ https://restofworld.org/...
2025-05-15 View on X
Vanity Fair

Q&A with the FT's Patrick McGee on his new book, Apple in China, which examines Apple's role in enabling China's rise; Apple says it is “full of inaccuracies”

In his new book, Apple in China, Patrick McGee examines how Tim Cook unwittingly led Apple right into the heart of Trump's trade war.

I realize this is supposed to be a sick burn, but it's wildly helpful. True - Apple's public financial filings don't lead you in this direction. It would be corporate suicide if they did. The notes are *almost* right: $55bn was about 22% of Apple's 2015 revenue. 90% of Apple
2025-05-15 View on X
Bloomberg

President Trump says he told Tim Cook that “I don't want you building in India”, “India can take care of themselves”, and Apple will be “upping” US production

President Donald Trump said India has made an offer to drop tariffs on US goods …

“If next year you buy an iPhone and it says “Made in India” on the box, that phone will not be any less dependent on the China-centric supply chain than any other iPhone you have ever purchased.” Q&A with ⁦@restofworld⁩ ⁦@violazhouyi⁩ https://restofworld.org/...
2025-05-15 View on X
Bloomberg

President Trump says he told Tim Cook that “I don't want you building in India”, “India can take care of themselves”, and Apple will be “upping” US production

President Donald Trump said India has made an offer to drop tariffs on US goods …