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"Four years ago, a few months after President Joseph R. Biden Jr.’s inauguration, Apple announced an “acceleration” of its U.S. investments, pledging to spend $
by neolithic 2y ago
"Four years ago, a few months after President Joseph R. Biden Jr.’s inauguration, Apple announced an “acceleration” of its U.S. investments, pledging to spend $430 billion and add 20,000 jobs over five years. In January 2018, during Mr. Trump’s first term, the company said that its “direct contribution to the U.S. economy” would be $350 billion over five years and that it planned to create 20,000 jobs over that period.
Apple did not immediately respond to a request for comment."
Is this just lip service? What happened to those previous investments?
- htrp 2y agothey are all counted as part of this 500bn?
- bombcar 2y agoI think the question is "have they done anything" or do they just keep promising to do something someday?
- ghaff 2y agoThis happens all the time with large investments in $X that make for impressive sounding press releases. If you (can) dig into the details, invariably a lot of the money is in previously committed/spent allocations in a whole bunch of different buckets (or, per bombcar's sibling comment, money that may never be spent at all).