An Interest In:
Web News this Week
- April 25, 2024
- April 24, 2024
- April 23, 2024
- April 22, 2024
- April 21, 2024
- April 20, 2024
- April 19, 2024
Some of Our Sources
View All SourcesHelp Webnuz
Referal links:
January 17, 2018 08:00 pm
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/guie3vno8jU/apple-says-it-will-contribute-350-billion-in-the-us-economy-over-the-next-5-years
Apple Says It Will 'Contribute' $350 Billion in the US Economy Over the Next 5 Years
Apple said on Wednesday it will invest $350 billion in the U.S. economy over the next five years, touting the creation of 20,000 new jobs and a new campus thanks, in part, to the prospect of tax reform. From a report: The company said it expects tax repatriation payments of about $38 billion, indicating that it will bring a portion of its $250 billion overseas cash back to the U.S. As of November, the company had $268.9 billion in cash, both domestically and overseas. The job creation will focus on direct employment, but also suppliers and its app business, which it had already planned to grow substantially. "We have a deep sense of responsibility to give back to our country and the people who help make our success possible," chief executive Tim Cook said in a statement.Read more of this story at Slashdot.
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/guie3vno8jU/apple-says-it-will-contribute-350-billion-in-the-us-economy-over-the-next-5-years
Share this article:
Tweet
View Full Article
Slashdot
Slashdot was originally created in September of 1997 by Rob "CmdrTaco" Malda. Today it is owned by Geeknet, Inc..More About this Source Visit Slashdot