Facts ChronicleFacts Chronicle
  • Home
  • Games
  • Gadgets
  • Graphics Cards
  • How To
  • Automobiles
Search
© 2023 Facts Chronicle Company. All Rights Reserved.
Reading: Apple to create more jobs in the US
Share
Sign In
Notification Show More
Latest News
Rolex Replica Watches: The Perfect Blend of Style and Affordability
Tech Explained
Best Ceylon Cinnamon Supplements: A Comprehensive Review
Reviews
What to Do When Your Check Engine Light Is Blinking
Car Parts
Does ULTA Accept Apple Pay?
Apps
Kemps Cannabis: A Comprehensive Guide to the Popular Strain
Health
Aa
Facts ChronicleFacts Chronicle
Aa
  • About Us
  • Amazon affiliate disclosure
  • Privacy Policy
  • Scholarship
  • Terms Of Use
  • Contact Us
Search
Have an existing account? Sign In
Follow US
© 2022 Facts Chronicle. All Rights Reserved.
Facts Chronicle > Blog > Careers > Apple to create more jobs in the US
Careers

Apple to create more jobs in the US

John Wayne
Last updated: 2018/01/18 at 7:31 PM
John Wayne
Share
SHARE

The company behind the iPhone just announced that it will invest $30 billion in the U.S economy over the next five years. The new set of investments will help create over 20,000 jobs in the US during the time frame of the investment. They also announced that they will be building a new campus in the US and bring billions of dollars from overseas back to the US.

According to Apple, they have already contributed in creating and supporting over 2 million jobs across the United States and currently having 84,000 employees in over 50 states. This will only help create more. The tech giant says it’ll be focusing on three key areas where Apple is best at creating jobs: direct employment by Apple (in the form of working at retail stores), spending and investment with Apple’s domestic manufacturers and suppliers, and also fueling the app economy Apple has in the form of the App Store that’s found in all Apple devices.

Lower taxes on international revenue will allow the company to invest more in the economy says Apple. A lot of that money will be invested in capital expenditures. Around $10 billion will be spent on more data centers across the US, Apple already data centers in a few states, this will help add more and provide an overall better service to its customers as well as help create more jobs.

Apple will also raise its Advanced Manufacturing fund from $1 billion $5 billion. The fund aims to help support innovation among American manufacturers in order to keep progressing as an economy. According to Apple, the fund is already backing projects in Kentucky and rural Texas.

- Advertisement -

Apple will also expand on the programs they’re already offering in order to help reduce the coding skills gap such as the free Swift playgrounds app. Swift is an easy-to-learn coding language created by Apple. Not only will the company expand on initiatives its already taken towards education, it will also increase funding for its ConnectED program. The ConnectED program helps historically underprivileged communities get a chance to learn to code and enjoy the benefits of technology like everyone else.

Apple estimates a $55 billion spending on new investments for 2018. Apple also says that it’ll spend $350 billion as a direct contribution to the economy over the next 5 years. This contribution does not include Apple’s current tax payments nor does it include the tax revenue that’s generated from the sale of their products or from their employees’ wages.

Moreover, Apple also calls itself the highest taxpayer in the United States and it looks to contribute over $38 billion in taxes. According to Apple this tax payment “would likely be the largest of its kind ever made.”. Apple opened a new headquarters in Cupertino last year and looks to build a new campus at a new location. This campus will initially work towards housing employees that offer technical customer support to Apple users. The location will be announced later.

The reasons for their contribution?

According to Apple, they feel responsible for giving back to their country as the success they have achieved wouldn’t be possible without the United States. CEO Tim Cook said:

“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.” He also said:
“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.”

However, many also think that this is to cover up for recent events. Apple has been under severe criticism lately for allegedly slowing down older phones without telling its customers. The company responded by saying that the problem lies in the batteries, as they get older they cannot handle the charge as well as the newer batteries. However, Apple has received a lot of community backlash and many people have sued the company as well.

Whatever the intention was, nothing can be taken away from the fact that Apple’s contribution will have a major impact on the economy. It will not only help create jobs for more people but also help equip the newer generations with the coding skills many firms require nowadays.

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
[mc4wp_form]
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
John Wayne January 18, 2018
Share this Article
Facebook Twitter Copy Link Print
Share
By John Wayne
Tech-Savvy, Avid Gamer and a Sportsman.
Previous Article No more losing stuff – Nonda Aiko Rechargeable Tracker is now available for just $16.99
Next Article Nintendo Labo: This cool DIY cardboard kit for the Switch is hands down the best gaming accessory
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

- Advertisement -

Disclosure: E-Commerce Content is independent of editorial content and we may receive compensation in connection with your purchase of products via links on this page.

Pages

  • Amazon Affiliate Disclosure
  • Factschronicle.com – Know the Future
  • Home
  • Scholarship
Facts ChronicleFacts Chronicle
Follow US

© 2023 Facts Chronicles. All Rights Reserved.

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?