Apple announces it will contribute $ 350 billion (!) To the American economy over the next 5 years, including the generation of 20,000 new jobs and a new campus

If anyone had any doubts about the plans of the Apple for its never-ending pile of cash, the company responded strongly today in a press release announcing a series of investment plans focused on the United States.

Over the next five years, Apple estimates that contributing to $ 350 billion (yes, more than R $ 1 track and that does not include tax payments and the sale of your products, huh) American economy, generating more than 20,000 new jobs and quintupling its Advanced Manufacturing Fund to $ 5 billion.

Apple creating jobs in the United States

Much of this move will be made possible through the repatriation of the fortune that Apple has accumulated outside the U.S., thanks to a recent tax cut approved by the Trump administration. This will generate a payment of about $ 38 billion to American coffers, something unprecedented in history.

Apple now employs 84,000 people in the U.S. and, to accommodate the 20,000 extras that will be hired by 2023 (thanks to $ 30 billion that she is earmarking for capital expenditure), she announced today that build a new campus in a place that has yet to be revealed. Others more than $ 10 billion they will also be destined for new data centers in the country.

Apple creating jobs in the United States

Another aspect of today's statement focused on educating and preparing children / teenagers for the new app economy, which has already generated more than 1.6 million jobs in the U.S. and, in 2017 alone, generated $ 5 billion in revenue for Americans. Apple promises to continue to accelerate its efforts to promote program teaching at academic institutions across the country.

"Apple is a success story that could only have happened in America, and we are proud to invest in our long history of supporting the US economy," said Tim Cook, Apple's CEO. “We deeply believe in the power of American creativity, and we are focusing our investments on areas where we can have a direct impact on job creation and preparation for the professional market. We have a great sense of responsibility to give back to the country and the people who help make our success possible. ”

Apple is now the largest taxpayer in the US, and all of these ads are sure to be very well received there. Within minutes of that announcement, $ AAPL, which was falling today on the NASDAQ price, has turned the tide and is already up 0.6%.

Update 01/17/2018 s 22:00

The president Donald Trump celebrated the announcement of Apple:

I promised that my policies would allow companies like Apple to bring huge amounts of money back to the United States. great to see Apple follow this as a result of TAX REDUCTION. Great victory for American workers and the USA!