3 ms·
> Apple is promising $1 billion in investment across the state $1 billion according to whom? It sounds like it is according to Apple. Maybe that is an accura
by slg 6y ago
> Apple is promising $1 billion in investment across the state
$1 billion according to whom? It sounds like it is according to Apple. Maybe that is an accurate number, but Apple is certainly incentivized to make it seem larger than it is. There are all sorts of ways to artificially inflate that number and some are as simple as adjusting the multiplier beyond what it would be in the real world. You see the same thing happen whenever public money goes to fund a new sports stadium. The company receiving the money puts out a fancy study that shows a huge economic benefit to the city/region and it almost never materializes like the study says. There needs to be an independent (of both Apple and the people in government who agreed to this) study before I am willing to accept that $1b as truth.