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Apple : Trump says he expects Apple to announce it will build plant in Texas

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07/26/2019 | 04:59pm EDT
The logo of Apple company is seen outside an Apple store in Bordeaux

WASHINGTON (Reuters) - U.S. President Donald Trump said on Friday he wanted Apple Inc to build its plants in the United States and expects the technology firm to announce it will build one in Texas.

Trump made the comment to reporters at the White House just hours after saying in a Twitter post that his administration would not grant Apple any tariff relief for Chinese-made parts for its Mac Pro computer. "Make them in the USA, no Tariffs!" he tweeted.

(Reporting by Steve Holland; Writing by David Alexander)

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Financials (USD)
Sales 2019 257 B
EBIT 2019 62 315 M
Net income 2019 53 199 M
Finance 2019 101 B
Yield 2019 1,43%
P/E ratio 2019 18,2x
P/E ratio 2020 16,4x
EV / Sales2019 3,33x
EV / Sales2020 3,23x
Capitalization 956 B
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Mean consensus OUTPERFORM
Number of Analysts 43
Average target price 213,29  $
Last Close Price 207,74  $
Spread / Highest target 20,3%
Spread / Average Target 2,67%
Spread / Lowest Target -27,8%
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NameTitle
Timothy Donald Cook Chief Executive Officer & Director
Arthur D. Levinson Chairman
Jeffrey E. Williams Chief Operating Officer
Luca Maestri Chief Financial Officer & Senior Vice President
Kevin M. Lynch Vice President-Technology
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