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US President Donald Trump and Apple CEO Tim Cook shake hands on the day when they submit Apple’s $ 100 billion investment announcement to the US, at the White House in Washington, Colombia, August 6, 2025.
Jonathan Ernst Reuters
Apple This week the shares increased by 13%, its largest weekly profit over five years after CEO Tim Cook appeared with President Donald Trump in the White House on Wednesday.
On Friday, the iPhone manufacturers rose by 4%to close $ 229.35 per share for the company’s largest weekly profit since July 2020. The transition of the week has added more than $ 400 billion to Apple market limit, which is now 3.4 trillion.
Apple-third largest valuable company behind Nvidia and Microsoft and ahead Alphabet and Amazon.
At the White House on Wednesday Cook appeared with Trump to announce Apple’s Apple’s plans Spend $ 100 billion on US companies and US details over the next four years.
Apple’s plans to buy more American chips Satisfied TrumpWho said during a public meeting that since the company was going to the US, it would be released from future tariffs that could double the price imported chips.
Investors worried that some Trump tariffs can significantly damage Apple’s profitability. In July, Apple warned that more than $ 1 billion is expected in the current quarter without any changes.
“Apple and Tim Cook have made a master class in the uncertainty after months and months in excess of the potential problems that the company may face tariffs,” wrote JP Morgan Samik Chatterjee analyst on Wednesday. It has overweight rating on Apple’s stock.
A successful meeting at the Cook White House also takes two weeks after Apple reported June Quarter Profit In which the total profit jumped by 10%, and the iPhone sales increased by 13%.
