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Tim Cook says the improved tone in trade talks is boosting Apple's China business

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Apple CEO Tim Cook said the company's prospects in China have significantly improved in just three months.

Kevin Frayer | Getty Imagessaid the company's prospects in China have significantly improved in just three months and it's in part because of the Trump administration's progress with the country in trade talks.

"I believe that the trade relationship — I don't mean the tariff, I mean the tone — is much better today than it was in the November-December time frame. That affects consumer confidence in a positive way," Cook told CNBC'sOn the company's first-quarter earnings call Tuesday, Cook cited the improved trade talks, a China tax cut and iPhone trade-in and financing programs for a turnaround in the country.

"There's an improved trade dialogue between the U.S. and China, and from our point of view, this has affected consumer confidence on the ground there in a positive way. And so I think it's a set of all of these things, and we certainly feel a lot better than we did 90 days ago," the CEO said on the call.

 

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Nothing to do with the trillion yuan injected 😂

Or more like you buying back your own stocks to prop up ur numbers

Glad to see the Chinese finally feel comfortable buying products made in China once again

I was critical of Apple in January. Apple has come along way since then but Apple should should Merge with Netflix or buy Disney.

Don’t you mean Tim Apple?

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