President Trump spent the afternoon at the groundbreaking of Apple’s new 133-acre Austin campus. The facility will house 5,000 employees at first, but will expand capacity to 15,000 workers.
While the news media had endless questions for Trump about the yawn-inducing impeachment circus, overlooked were Tim Cook’s comments about Apple’s investment plans.
Cook was saying everything Trump (and most Americans) love to hear – the new Apple facility is a shrine to American vision and innovation. Per CNN, “the company said it is on track to contribute $350 billion to the US economy between 2018 and 2023 and will contribute $30 billion in capital expenditures in the same period.”
Yay, tax reform. Apple was one of the worst offenders when it came to offshoring money before tax laws changed and they are finally bringing that investment home to the tune of $380 billion dollars. This is a company that virtually has its own province in China devoted to manufacturing products for American consumers.
But did you catch what else Cook had to say about Apple’s future? He thinks Apple’s future is in Texas.