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Apple pledges $350 billion investment in US economy over next five years

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Manuel Scarborough
Jan 17, 2018 19:00
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As part of that, it will commit $55 billion this year alone and plans on adding 20,000 new jobs over that time frame.

Following in the footsteps of Amazon, it also plans to add a new campus somewhere in the U.S. this year.

Let’s start with the big-picture investment of $350 billion, which Apple says does not include ongoing tax payments, the tax revenues generated from employees’ wages or the sale of Apple products.

For starters, there will be $30 billion, which will help fund a number of projects, including building the aforementioned new campus.

The plan is for this to initially house technical support for customers.

Apple says it will announce the location of this new facility later this year, with a plan to make the building run on 100 percent renewable energy sources.

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Manuel Scarborough
Jan 17, 2018 19:00
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