It's just saying, ‘I think we can squeeze a little bit more out of you,’” Morningstar technology analyst William Kerwin told Fortune.

Apple previously said in February it would spend $500 billion to expand many of its operations in the U.S., including assembling AI servers in Houston.

President Donald Trump isn’t pleased with Apple CEO Tim Cook’s plan to manufacture iPhones bound for the United States at newly built plants in India. “I had a little problem with Tim Cook yesterday,

Apple’s stock jumped 6% on Monday, adding roughly $180 billion to its market cap after the U.S. and China agreed to cut reciprocal tariffs from 125% to 10% for 90 days. President Trump said he spoke with CEO Tim Cook about boosting Apple’s U.

President Trump took a swing Thursday at Apple CEO Tim Cook over his company’s manufacturing in India, emphasizing that he wants the iPhone maker to expand production in the United States. “I had a little problem with Tim Cook yesterday.

In another sign of Apple’s growing political power, Donald Trump tweeted that he had personally discussed this all with CEO Tim Cook. This followed a 90-day suspension of tariffs agreed upon by the United States and China.