Apple reportedly paid $275 billion in secret deal to CCP

AAPL
DeeAnn Dorman GuruFocus Premium Icon Jan 3, 2022

Here's a link to one source:

https://www.msn.com/en-us/money/other/apple-ceo-tim-cook-reportedly-signed-a-secret-dollar275-billion-deal-with-china-in-2016-to-skirt-challenges-with-government-regulators/ar-AARzEd5

Let's get on the AAPL earnings live call and ask Tim Cook about this.

This is illegal and it sounds like Tim Cook and Apple had to pay "protection money" to the CCP to be able to avoid "regulations" that would have impaired sales in China.

I will post information about how to join the call and also how to be able to ask a question in the live call.

Thanks

batbeer2 Jan 3, 2022

>> Let's get on the AAPL earnings live call and ask Tim Cook about this.

Who exactly are you referring to by "us" and what exactly did mr. Cook do that was not in the interest of AAPL shareholders?

thos.wallace GuruFocus Premium Icon May 5, 2022

He got a good deal. No?

jake75604 May 8, 2022

This is normal and standard for western companies to pay bribes/ protection money in countries like china and india and Africa. Uber paid even more . This unfortunately work different other parts of the world