Apple to invest $1 billion in US manufacturing

[Kaido]

https://www.theverge.com/2017/5/3/15537742/apple-ceo-tim-cook-1-billion-us-manufacturing-investment

Not be cynical, but:

We are in a good position, but an unusual one. Our good position is we can borrow. And so to invest in the United States, we have to borrow.

Apple CEO Tim Cook announced today that the iPhone maker will be putting $1 billion of its roughly $256 billion cash hoard into a US advanced manufacturing fund.

 

[Oyeve]

All I see is a $100 markup on us made devices.

 

[Eug]

This sounds political, to appease Trump and friends. It also is their way to encourage changes to the tax code.