Friday, 19 January 2018

Apple announces plans to repatriate billions in overseas cash, says it will 'contribute' $350 billion to the economy over 5 years

Apple announces plans to repatriate billions in overseas cash, says it will 'contribute' $350 billion to the economy over 5 years

Apple on Wednesday made a slew of announcements about its investment in and contribution to the U.S. economy in part because of the new tax law. The headline from Apple is that it will make a $350 billion "contribution" to the U.S. economy over the next five years, although it's unclear exactly how the company came to that number.
Read more: https://www.cnbc.com/2018/01/17/apple-announces-350-billion-investment-20k-jobs-over-5-years.html?source=Snapzu

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