Apple announces $430 billion investment in US with 20,000 new jobs

Discussion in 'all things Mac' started by ronjor, Apr 26, 2021.

  1. ronjor

    ronjor Global Moderator

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  2. Rasheed187

    Rasheed187 Registered Member

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    Isn't $430 billion a bit much, perhaps they meant $43 billion. But it would make more sense if these big tech companies started to pay way more taxes.
     
  3. XIII

    XIII Registered Member

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    Tim Cook himself tweeted that number and he's pretty good with numbers...

    (note that it's "over the next 5 years", so not all at once)

    https://twitter.com/tim_cook/status/1386693881161392128

    Apple's Press Release about this:

    https://www.apple.com/newsroom/2021/04/apple-commits-430-billion-in-us-investments-over-five-years/
     
  4. Rasheed187

    Rasheed187 Registered Member

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    Yes I now see it, that's pretty impressive, but the weird thing is that I read somewhere that Apple as $200 billion on the bank, so where do they get the rest of the money from, are they going to loan it or something? I hope it's not just some stunt to keep avoiding having to pay a fare amount of taxes.
     
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