BEIJING (AP) — Apple CEO Tim Cook says he’s “extremely bullish” about the global economy based on the amount of innovation being carried out, and he’s urging China to continue to “open up.”
In a speech at an economic forum in Beijing on Saturday, Cook said Apple is less concerned with the short term economic outlook because the tech giant makes investments looking ahead years or decades.READ MORE: Mountain Lion Sighting Triggers Rohnert Park Middle School Lockdowns
His remarks come as China and the U.S. prepare to meet again to resolve their trade dispute, which has roiled global markets, and as Apple is expected to announce that it’s launching a video service.READ MORE: Storm Door Swings Open; Fronts Stack Up In Pacific Heading Toward The Bay Area
The iPhone has long been Apple’s marquee product and main money maker, but sales are starting to decline. The company is pushing digital subscriptions as it searches for new growth.MORE NEWS: Rain Helps Firefighters Battling Estrada Fire In Santa Cruz County
© Copyright 2019 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.