October 17, 2024
Trump Reveals Apple CEO Tim Cook Reached Out to Him Over $15 Billion EU Fine [Video]

Trump Reveals Apple CEO Tim Cook Reached Out to Him Over $15 Billion EU Fine [Video]

Posted 4 hours ago by iClarified
Former President Donald Trump disclosed that Apple CEO Tim Cook recently contacted him regarding a $15 billion fine imposed on the company by the EU. Trump shared details of the phone call during an extensive interview on the PBD Podcast.

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So Tim Cook called and then about a year later he called again or something else. He said, "Could I see you?"

Now, most companies send in lobbyists that get paid millions and millions of dollars to talk for them. And they probably say, "We know Trump. We can talk," but they don't. You know, for the most part they don't.


And Tim Cook called me up directly and he did it himself. He didn't have to pay 10 cents and I gave him 100% of what he wanted because he was right. I mean, you can't compete with Samsung and one's paying a tax. But I said, "You got to gradually move your company here."

But then two hours ago, three hours ago, he called me. He said, "I'd like to talk to you about something."

"What?"

He said, "The European Union has just fined us $15 billion."


I said, "That's a lot."

I know the feeling because I get fined too in fake cases. But I don't know if his case is fake yet, but it's a lot. Then on top of that, they got fined by the European Union another $2 billion. So it's a $17 to $18 billion fine.

I even said about Apple, "Can you pay that? I mean, do you have that kind of—that's a lot of money."

And he said something that was interesting. He said they're using that to run their enterprise, meaning Europe is their enterprise.

And I said, "That's a lot." I said, "But Tim, I got to get elected first. But I'm not going to let them take advantage of our companies. That won't be happening."
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In 2016, the European Commission decided that companies belonging to the Apple Group had, from 1991 to 2014, received tax advantages that constituted State aid granted by Ireland. That aid related to the tax treatment of profits generated by Apple's activities outside the United States. In 2020, the General Court annulled the Commission's decision, holding that the Commission had not sufficiently established that those companies enjoyed a selective advantage. In September 2024, on appeal, the Court of Justice set aside the judgment of the General Court and gave final judgment in the matter, conversely confirming the Commission's decision. Apple maintains that it operated within the law and never asked for, or received, any special deals.

Earlier this year, the EU fined Apple around $2 billion for allegedly abusing its dominant position on the market for the distribution of music streaming apps to iPhone and iPad users through its App Store.

Check out the full PBD interview with Trump below...


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Comments (5)
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privacyisahumanright
privacyisahumanright - 2 hours ago
Tim Cook just keeps slowly peeling off the Steve Jobs mask he inherited revealing him to be just like any other billion dollar corporate CEO. That’s the difference between founders and career executives: Founders (sometimes) try to find a “good” way of doing something where executives go straight to the numbers as that’s all they know. This isn’t surprising, it’s just sad that Apple has fully turned into Nike or Walmart at this point.
jbird727272
jbird727272 - 2 hours ago
What a moron you are!! So much hate that you’d give up all your Apple devices. I hope you like Android. 😂😂😂🤣🤣🤣
McApple1
McApple1 - 29 minutes ago
I wouldn’t mind a Sony phone since I still loathe companies attacking Apple just to act like they’re better than them. Until now though, THERE’S something they can shame Apple over like a political attack ad and would agree with for once. I am going to see how much fact checking and true this is because if so, I would never look back selling my Mac for a Linux PC as well and watch. Fingers crossed we pass a legislation that Corporations cannot and should not fund a political figure to sway the election results or that Apple hasn’t truly become a shadow of its former self! Of all the stuff Steve would’ve let most changes slide since his passing, he would never! 😞
2013nyyankees
2013nyyankees - 3 hours ago
If this is true, I’ll sell all my Apple devices and cancel all my subscriptions!
Lo
Lo - 2 hours ago
It is true go ahead and sell all your devices and cancel your subscriptions
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