Apple's Beats brand in April unveiled the Powerbeats Pro, a redesigned wire-free version of its popular fitness-oriented Powerbeats earbuds.
Apple Has Spent Record $2.2 Million Lobbying Trump Administration Over Past Three Months
That amount is by far the most Apple has ever spent on lobbying in a single quarter, eclipsing the previous record of nearly $1.4 million spent during Trump's first three months as President of the United States. Apple has now spent nearly $3.6 million on lobbying during the first six months of his term.
The extra $800,000 that Apple spent between April 1 and June 30 of this year, compared to January 1 to March 31, is its largest ever quarter-over-quarter increase in lobbying expenses. Apple had never increased its lobbying spending by more than $330,000 from one quarter to the next before now.
Apple's surge in spending is perhaps no surprise, as the company has disagreed with Trump on a number of fundamental issues, ranging from his temporary immigration ban to withdrawing from the Paris climate agreement.
"There are clearly areas where we're not nearly on the same page," said Tim Cook, Apple CEO, in a recent interview with Bloomberg Businessweek. Nonetheless, Cook has showed a willingness to work with Trump so far.
By comparison, Apple spent $1.12 million lobbying between April 1 and June 30 of 2016, the final year of Barack Obama's administration, meaning it has nearly doubled its spending in just one year. Apple spent around $730,000 during the first six months of Obama's presidency, according to 2009 disclosure forms.
Apple continued to lobby the government about issues related to corporate tax reform, climate change, diversity in the workplace, green technology, patent reform, privacy, education, accessibility, music licensing, and regulation of mobile medical applications, according to the latest disclosure form.
Apple has gradually increased its lobbying spending over the past decade. In 2007, the final year of George W. Bush's administration, the company spent $1.3 million, compared to nearly $4.7 million in 2016. Apple is well on pace to smash that record this year after spending $3.6 million in the first six months alone.
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