Apple promises to use $1 billion to create US manufacturing jobs

iPhones, built in the USA ?

Image: spencer platt/ Getty Images

Manufacturing enterprises likely aren’t coming back to the U.S ., but that’s not stopping Apple from investing in U.S. job creation.

In an interview with CNBC, CEO Tim Cook announced a brand-new$ 1 billion fund that would support boosted manufacturing employment opportunities in the United States. Cook shared the story before Apple liberated new information about the even out of its workforce.

“We expected ourselves, how can we get more parties to do advanced manufacturing in the United States? ” Cook alleged. “And I’m proud to tell you that we’re creating an advanced manufacturing fund. We’re initially putting$ 1 billion in the fund.”

Cook said in his CNBC segment that his interviewer was the first party he had told about these action plans, besides the staff members of the company Apple plans to invest in. The tech being announced today the fund’s first financing later this month, clarified Cook.

Apple also said Wednesday that it had created two million U.S. enterprises 1.53 million of which are enterprises “attributable to the App Store ecosystem, ” not enterprises immediately under Apple.

In the past, President Donald Trump has criticized Apple for manufacturing its iPhones overseas, rather than in the United States, so who knows, maybe he’ll take ascribe for Apple’s latest jobs investment?( After all, Trump did take ascribe for Amazon creating new jobs back in January .)

We’ll be waiting for the Trump tweet in response to this news.

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