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Apple’s CEO Tim Cook has defended the existence of a monopoly in the business, is an important distinction to be made.
In an interview with the Nikkei Asian Review on Wednesday in Tokyo, the tech-mogul discussed various issues, including the company’s efforts to continuously innovate and its impact on the broader U.S. economy.
“As a monopoly, in and of itself is not bad, as it’s not abused,” mr Cook told a wall outlet, as it is that Apple does not have a monopoly in any industry. “The question for companies is, do they abuse? And that’s for the regulators to decide, not for me to decide.”
Cook rejected the idea that Apple is a monopoly. “We’ll probably have more competitors than any company on earth,” he said.
The company’s chief executive, also said to be hair, and the idea that Apple would get added together in the framework of Large-Tech umbrella companies, including Facebook and Google, both of which are faced with significant administrative burdens.
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“It’s very important to realize that the tech himself, and this is the big tech firms are not monolithic,” he said. “You’re not our product, and that is very, very clear in our minds. We don’t believe in human beings, for your information.”
He also rejected the criticism sometimes aimed at the Apple, by the President’s Home, the company pays a lot to a lot of the work in China.
“We have had more than 2 million jobs in the U.S.,” Cook said. “The glass on the ipad, the iPhone, created by Corning in Kentucky. A number of the semiconductor chip in the iPhone are made in the United States of america. There has been huge amounts of work done in the united states, but not in the assembly of the final product.”
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Apple’s next-generation iPhone, the 11, Pro, Max, who has a triple rear camera is seen at an Apple retail store in the IFC Mall in the Pudong New Area, Shanghai city. (Photo by Alex Tai/SOPA Images/LightRocket via Getty Images)
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In spite of this, the Nikkei has reported that more than 90 percent of Apple products are assembled in China.
“The spirit and the DNA of the company, and have never been more on innovation,” Cook said. “The product line has never been stronger.”