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US President Donald Trump and Apple CEO Tim Cook is shaking hands on the day that they submit Apple’s $ 100 billion investment message in US production, at the Washington Oval Office, Colombia County, August 6, 2025.
Jonathan Ernst | Reuters
Apple The shares increased by 13% this week, the biggest weekly profit of more than five years after CEO Tim Cook appeared with President Donald Trump in the White House on Wednesday.
The iPhone manufacturer’s shares rose by 4%to close at $ 229.35 per share on Friday for the biggest weekly profit of the company from July 2020. The weekly move added over $ 400 billion to the Apple market cap, which is now $ 3.4 trillion.
Apple is the third most valuable company, back Nvidia and Microsoft and in front of Alphabet and AmazonS
In the White House on Wednesday Cook appeared with Trump to announce Apple plans To spend $ 100 billion on US companies and US units over the next four years.
Apple’s plans to buy more American chips savingswho said during the public meeting that since the company is being built in the US, it will be released from future tariffs that could Double the price of imported chips.
Investors were worried that some of Trump’s tariffs could significantly harm Apple’s profitability. Apple warned in July that it was expecting over $ 1 billion in tariff costs in the current quarter, not changing.
“Apple and Tim Cook have passed a master class for managing uncertainty after months and months of overhanging compared to the potential challenges that the company may face the tariffs,” JP Morgan analyst Samik Cullji on Wednesday. He has an Apple’s overweight rating.
The successful meeting of the White House of Cook also comes two weeks after Apple reported Quarter Revenue to June in which total revenue jumped by 10%and iPhone sales increased by 13%.
