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Apple to invest $1 bn to create jobs in US

Tim Cook said manufacturing jobs create more jobs because you have a service industry that builds up

Apple, Tim, Cook
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Timothy D Cook, CEO, Apple

Katie Benner & Nelson D Schwartz | NYT
While on the campaign trail last year, Donald J Trump lamented the loss of manufacturing jobs in the United States and set his sights on companies like Apple to help rectify the situation. “I’m going to get Apple to start making their computers and their iPhones on our land, not in China,” he said.

On Wednesday, Apple appeared to meet President Trump halfway.

While it did not announce a new manufacturing facility with thousands of manufacturing jobs, Apple, the world’s most valuable public company, said it planned to dedicate resources to American job creation with a $1 billion fund to invest in