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Apple Announced Its Massive Investment Plan!

Apple announced its massive investment plan! Apple has announced that it will invest approximately 430 billion dollars in the 5-year period.

Yazar: Eylem Özer

Yayınlanma: 26 Nisan 2021 21:00

Güncellenme: 19 Aralık 2024 07:59

Apple Announced Its Massive Investment Plan!

Apple announced its massive investment plan! Apple has announced that it will make an investment of approximately 430 billion dollars in the USA in the 5-year period.

Announcing that it will invest 430 billion dollars in different states of the USA in the next 5 years, Apple announced that it plans to provide close to 20 thousand jobs in addition to these investments. In the last 5 years, the benefit of Apple, one of the leading names in technology, to the USA has exceeded the previously targeted 350 billion dollars. Accordingly, the US technology giant stated that they are planning to improve innovation and economic prosperity in America by increasing its commitment by 20 percent in the next 5 years. 5G technologies and next generation developments are among the targeted investments. Speaking on investments, Apple CEO Tim Cook said, "In the current phase of recovery and rebuilding, Apple is doubling its commitment to developing innovation and manufacturing in the US, spanning generations in 50 states."

Apple Positions as the US's Largest Taxpayer

Apple, which directly employs nearly 2.7 million jobs in the USA, has paid 45 billion dollars corporate tax in the last 5 years as the largest taxpayer in the country. It was stated that Apple's $ 430 billion investment allocated to American suppliers, data center investments, capital expenditures and other local expenditures will create thousands of jobs and support creative industries. In addition to these, Apple is on its way to being the pioneer of the industry in clean energy and green technology projects. The company announced last month that it would build an energy storage facility in Monterey, California. With $ 4.7 billion in green bond spending, Apple ranks first in the clean energy industry.
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