• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer

Geeky Gadgets

Gadgets and Technology News

  • Home
  • Apple
  • Android
  • Deals
  • Gadgets
  • Technology
  • Hardware
  • Gaming
  • Cars


Apple Plans A $350 Billion Contribution To The US Economy

8:35 am January 18, 2018 By Roland Hutchinson

  • Share
  • Tweet
  • Pin
  • Email

Apple

Apple has announced that it has some plans to boost the US economy over the next five years. The company has said that its direct contribution to the US economy over that time period is expected to be around $350 billion.

Apple plans to create 20,000 jobs in the US over the next five years and it also announced that its advanced manufacturing fund will receive a total of $5 billion in investment. The company also revealed that it plans to brings its overseas cash back to the US.

The company will pay around $38 billion in tax to bring its overseas cash back into the US, the company is said to have around $200 billion overseas.

Apple is a success story that could only have happened in America, and we are proud to build on our long history of support for the US economy,” said Tim Cook, Apple’s CEO. “We believe deeply in the power of American ingenuity, and we are focusing our investments in areas where we can have a direct impact on job creation and job preparedness. We have a deep sense of responsibility to give back to our country and the people who help make our success possible.”

You can find out more details about Apple’s plans over at their website at the link below.

Source Press Release

Filed Under: Gadgets News

Latest Geeky Gadgets Deals


Disclosure: Some of our articles include affiliate links. If you buy something through one of these links, Geeky Gadgets may earn an affiliate commission. Learn more.

Primary Sidebar

  • Email
  • Facebook
  • RSS
  • Twitter

Top News

RFID locksmith

iCopy-X smart RFID locksmith tool $127

open source 3d Printer

Longer FDM LK5 PRO open source 3D printer $329

laser engraver

Runmecy 5w desktop laser engraver from $299 (50% discount) via Kickstarter

Storm 2 battery pack

Storm 2 EDC battery pack hits Kickstarter from $99

camera tripod head

Polaris motorized electric camera tripod head with integrated controller

Last Minute Deals

Apple News

M1 Mac

Some M1 Mac owners reporting issues with SSD health readings

Apple Silicon MacBook Pro

New Apple Silicon MacBook Pro with HDMI and SD card reader coming this year

Malware Discovered On At Least 30,000 Macs

Apple iPhone 12

Apple was the World’s biggest smartphone maker in Q4 2020

Silver Sparrow malware

New Silver Sparrow malware targets macOS

Technology News

EE 4G

EE to expand 4G in 500 new areas to improve rural connectivity

Square Bitcoin

Square has purchased $170 million worth of Bitcoin

Chick-fil-A Now Using iPads To Take Drive-Thru Orders

Disney+

Star is now available on Disney+ in the UK and Europe

Spotify HiFi

Spotify HiFi coming later this year with CD quality lossless audio

Android News

Realme Narzo 30A

Realme Narzo 30A smartphone unveiled

Realme Narzo 30 Pr

Realme Narzo 30 Pro smartphone unveiled

Samsung Galaxy A12

Samsung Galaxy A12 smartphone gets unboxed (Video)

2022 Lexus IS 500 F Sport Performance

2022 Lexus IS 500 F Sport Performance unveiled

Google Android

Google’s Android gets new features including Dark Mode for Maps

Footer

About Us

  • About Geeky Gadgets
  • Advertise On Geeky Gadgets
  • Archives
  • Contact Us
  • Disclosure Policy
  • Free Newsletter
  • Geeky Gadgets Logo
  • Privacy Policy
  • Site Map

Further Reading

  • Auto News
  • Camera News
  • Concepts & Design
  • Entertainment News
  • Design News
  • Geeky Stuff
  • Apple iPad
  • Apple iPhone
  • Mobile Phone News
  • Sponsored
  • Tablet News

Copyright 2007 - 2020 Geeky Gadgets

We are using cookies to give you the best experience on our website.

You can find out more about which cookies we are using or switch them off in settings.

Geeky Gadgets
Powered by  GDPR Cookie Compliance
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.

Strictly Necessary Cookies

Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings.

If you disable this cookie, we will not be able to save your preferences. This means that every time you visit this website you will need to enable or disable cookies again.

Cookie Policy

More information about our Cookie Policy